The following financial information is from the Darden Restaurants 2003 Annual Report: Required a. What are the
Question:
The following financial information is from the Darden Restaurants 2003 Annual Report:
Required
a. What are the total annual sales and how many total restaurants in 2003?
b. Calculate the sales mix percentage for 2003.
c. Calculate the restaurant unit mix percentage for 2003.
Transcribed Image Text:
Red Lobster Olive Garden Bahama Breeze Smokey Bones TOTALS Sales $ $ 2,430,000 000 $ 1,990,000,000 $ 138,000,000 93,000,000 Mix % # Restaurants 673 524 34 39 Mix %
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a b c Red Lobster Olive Garden B...View the full answer
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Aun Ali
I am an Associate Member of Cost and Management Accountants of Pakistan with vast experience in the field of accounting and finance, including more than 17 years of teaching experience at university level. I have been teaching at both undergraduate and post graduate levels. My area of specialization is cost and management accounting but I have taught various subjects related to accounting and finance.
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Related Book For
Accounting and Financial Analysis in the Hospitality Industry
ISBN: 978-0132458665
1st edition
Authors: Johnathan Hales
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