The following is an extract of restaurant and beverage operation for two months of operations: Complete a

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The following is an extract of restaurant and beverage operation for two months of operations: image text in transcribed

Complete a common-size vertical analysis of quick assets for both months and comment on the changes to quick assets. Round final answers to the nearest tenth of a percentile.LO1

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Hospitality Management Accounting

ISBN: 9780471687894

9th Edition

Authors: Martin G Jagels, Catherine E Ralston

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Question Posted: Jun 21, 2024 09:00 AM

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The following is an extract of restaurant and beverage operation for two months of operations: Complete a

Question:

Month 1 Month 2 Cash $12,205 $14,695 Credit card receivables 2,781 2,957 Accounts receivable 463 269 Total Quick Assets $15,449 $17,921

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Hospitality Management Accounting

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