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2. Aafreen is the owner of a restaurant that features Pakistani and American cuisine. She operates on a calendar year and prepares a monthly P&L
2. Aafreen is the owner of a restaurant that features Pakistani and American cuisine. She operates on a calendar year and prepares a monthly P&L as well as a year-to-date (YTD) P&L. Aafreen is preparing her P&L for June. She has entered the amounts and calculated her percentages for the month. She has also entered her YTD revenue and expense amounts. Help Aafreen complete her P&L by calculating her missing YTD percentages. (15 points) Income Statement June 2014 June YTD SALES Food Liquor S56200 4.450 2550 2700 5.900 5. S.SK 100% 27.500 20,500 22,250 SA2.90 517150 $101.750 4.40 21.11 25. 2 21.16 20 875 1160 SO 2.750 $20.216 $121,760 $4750 125% 4225 22.500 542015 7.15 2023 6. $21.500 79.500 22,750 191,750 $25.500 14. 52% Wine Total Sales COST OF SALES Food Liquor Der Wine Total Cost of Sales LABOR Management Stall Employee Benefits Tonal Libor FRIME COST OTHER CONTROLLABLE DOENSES Direct Operating per Music & Entertainment Marketing Use General Administrative spermes Ropains & Maintenance Total Other Controllable Expres CONTROLLABLE INCOME NON-CONTROLLABLE EXPENSES Occupancy Corts Frants Depreciation & Amortion Total Non-controllable Epura RESTAURANT OPERATING INCOME Interest Espor INCOME BEFORE INCOME TAIES Income NET INCOME . 52450 275 1150 1950 2.950 960 1 $22.50 MO 7,250 12.550 1.7% 2.0 UK 12.150 1 16. 2015 2.00 44,000 S 12.50 $12.45 17 2.0% S000 1150 UXO S 400 SOLO 725 5433 UX 4,900 1.00 550,000 522,150 12.45 70 1.16 &5 4.350 $ 27,000 11,120 246 5 2.600 2. W $16. 2. Aafreen is the owner of a restaurant that features Pakistani and American cuisine. She operates on a calendar year and prepares a monthly P&L as well as a year-to-date (YTD) P&L. Aafreen is preparing her P&L for June. She has entered the amounts and calculated her percentages for the month. She has also entered her YTD revenue and expense amounts. Help Aafreen complete her P&L by calculating her missing YTD percentages. (15 points) Income Statement June 2014 June YTD SALES Food Liquor S56200 4.450 2550 2700 5.900 5. S.SK 100% 27.500 20,500 22,250 SA2.90 517150 $101.750 4.40 21.11 25. 2 21.16 20 875 1160 SO 2.750 $20.216 $121,760 $4750 125% 4225 22.500 542015 7.15 2023 6. $21.500 79.500 22,750 191,750 $25.500 14. 52% Wine Total Sales COST OF SALES Food Liquor Der Wine Total Cost of Sales LABOR Management Stall Employee Benefits Tonal Libor FRIME COST OTHER CONTROLLABLE DOENSES Direct Operating per Music & Entertainment Marketing Use General Administrative spermes Ropains & Maintenance Total Other Controllable Expres CONTROLLABLE INCOME NON-CONTROLLABLE EXPENSES Occupancy Corts Frants Depreciation & Amortion Total Non-controllable Epura RESTAURANT OPERATING INCOME Interest Espor INCOME BEFORE INCOME TAIES Income NET INCOME . 52450 275 1150 1950 2.950 960 1 $22.50 MO 7,250 12.550 1.7% 2.0 UK 12.150 1 16. 2015 2.00 44,000 S 12.50 $12.45 17 2.0% S000 1150 UXO S 400 SOLO 725 5433 UX 4,900 1.00 550,000 522,150 12.45 70 1.16 &5 4.350 $ 27,000 11,120 246 5 2.600 2. W $16
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