HoJo and EasyRest are two companies in the American hotel and catering industry The following financial data for 20X0 relate to their food and beverage activities Required a) Use the Dupont formula (based on EBIT) to compare the performance of the two companies F B activities b) Do the two companie...

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HoJo and EasyRest are two companies in the American hotel and catering industry. The following financial data

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HoJo and EasyRest are two companies in the American hotel and catering industry. The following financial data for 20X0 relate to their food and beverage activities:

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a) Use the Dupont formula (based on EBIT) to compare the performance of the two companies’ F&B activities.

b) Do the two companies appear to be operating different strategies, and if so, in what way?

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Accounting Essentials For Hospitality Managers

ISBN: 9780415841092

3rd Edition

Authors: Chris Guilding

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Question Posted: Jun 04, 2024 01:03 AM

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HoJo and EasyRest are two companies in the American hotel and catering industry. The following financial data

Question:

HoJo $m EasyRest $m Revenue 500 300 Cost of sales 200 220 EBIT 50 15 Total assets 250 75

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Accounting Essentials For Hospitality Managers

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