Assume that appropriate general trend index numbers for the catering service sales revenue and its food costs

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Assume that appropriate general trend index numbers for the catering service sales revenue and its food costs were as follows for the six periods referred to in P3.12.image text in transcribed

Convert the historic dollars of sales revenue and the historic dollars of cost of sales in P3.12 to current dollars and discuss the results.

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Hospitality Management Accounting

ISBN: 9780471687894

9th Edition

Authors: Martin G Jagels, Catherine E Ralston

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