A restaurant achieved sales of $85,000 last month. The restaurants total expenses for last month were $55,550.
Question:
A restaurant achieved sales of $85,000 last month. The restaurant’s total expenses for last month were $55,550. What was the restaurant’s profit last month?
a. $29,450
b. $49,000
c. $55,550
d. $85,000
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Related Book For
Managerial Accounting for the Hospitality Industry
ISBN: 978-1119386223
2nd edition
Authors: Lea R. Dopson, David K. Hayes
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