Using the data, what are 2 major challenges that this restaurant is facing, and describe 2...
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Using the data, what are 2 major challenges that this restaurant is facing, and describe 2 solutions for the challenges identified Average sales Week 1 Average sales Week 2 230 250 Sales Revenue - Food Sales Revenue - Beverage TOTAL SALES REVENUE Cost of Sales Food Cost of Sales - Beverage TOTAL EXPENSES Week 1 Week 2 Operating Income $10,000 $11,100 $7,900 $8,400 $17,900 $19,500 $7,150 $8,200 Labour and other operating expenses $6,500 $6,900 $1,690 $1,990 $15,340 $17,090 $2,560 $2,410 $43.48 $34.35 $77.83 Average cost Week 1 $31.09 $7.35 $28.26 $66.70 $44.40 $11.13 $33.60 $78 Average cost Week 2 $32.80 $7.96 $27.60 $68.36 Average income Average income $9.64 $$ $0.92 $0.75 $0.17 $1.71 $0.61 $-0.66 $1.66 $-1.49 % 2.12% -2.18% 0.22% 5.50% 8.30% -2.34% 2.50% -13.39% Using the data, what are 2 major challenges that this restaurant is facing, and describe 2 solutions for the challenges identified Average sales Week 1 Average sales Week 2 230 250 Sales Revenue - Food Sales Revenue - Beverage TOTAL SALES REVENUE Cost of Sales Food Cost of Sales - Beverage TOTAL EXPENSES Week 1 Week 2 Operating Income $10,000 $11,100 $7,900 $8,400 $17,900 $19,500 $7,150 $8,200 Labour and other operating expenses $6,500 $6,900 $1,690 $1,990 $15,340 $17,090 $2,560 $2,410 $43.48 $34.35 $77.83 Average cost Week 1 $31.09 $7.35 $28.26 $66.70 $44.40 $11.13 $33.60 $78 Average cost Week 2 $32.80 $7.96 $27.60 $68.36 Average income Average income $9.64 $$ $0.92 $0.75 $0.17 $1.71 $0.61 $-0.66 $1.66 $-1.49 % 2.12% -2.18% 0.22% 5.50% 8.30% -2.34% 2.50% -13.39%
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