You have the following information about the revenue, cost of sales, and accounts receivable for six consecutive
Question:
You have the following information about the revenue, cost of sales, and accounts receivable for six consecutive periods for a restaurant:
For each of the three items, calculate trend percentages. Using the results from this analysis, discuss whether or not the situation developing for this restaurant is desirable.
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Related Book For
Hospitality Management Accounting
ISBN: 9780471092223
8th Edition
Authors: Martin G Jagels, Michael M Coltman
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