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3. Calculate the ratio analysis below in order to analyze your accounting records. You further have following information: Balance Sheet of May: Assets: Cash :

3. Calculate the ratio analysis below in order to analyze your accounting records.

You further have following information:

Balance Sheet of May:

Assets:

Cash : 11,200

Credit card receivables:9,240

Accounts receivables:6,160

Food inventory:13,900

Prepaid Expenses:4,500

Land:32,000

Building:323,200

Equipment:73,200

Furnishings:18,300

Accumulated depreciation:(124,500)

Total Assets:367,200

Liability and Stockholders Equity

Accounts Payable: 12,500

Bank Note Payable: 3,600

Income Tax Payable: 12,600

Accrued Expenses Payable: 7,500

Mortgage Payable (current): 12,100

Long-term mortgage payable: 180,900

Common stock: 10,000

Retained earnings: 128,000

Liabilities and stockholders equity: 367,200

Required:

a. Current ratio

b. Quick ratio

c. Account receivable turnover ratio

d. Food Inventory turnover ratio

e. Total assets to total liabilities

Restaurant Revenue Rs. 7,82,800.

A total of 200 tables occupied

Food revenue Rs. 10000.

Beverage revenue Rs. 24000.

Number of guest served 150/month.

Restaurant labor cost Rs. 150000.

f. Restaurant labor cost percentage

g. Food cost percentage

h. Beverage cost percentage

i. Restaurant daily seat turnover

j. Beverage to food sales revenue percentage

k. food to beverage sales revenue percentage

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