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30 4 50 60 70 85 90 100 110 125 135 145 155 165 170 180 190 QUESTION 4 Mahoney's Irish Restaurant Financial Information Cost

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30 4 50 60 70 85 90 100 110 125 135 145 155 165 170 180 190 QUESTION 4 Mahoney's Irish Restaurant Financial Information Cost of Food Sold Current Assets Current Liabilities Food Sales $360,500 Net Income $104,050 $107.750 Total Assets $456,000 $111.750 Total Equity $143,750 $1,030,000 Total Long-term Liabilities $200,500 Calculate Mahoney's food cost percentage. 3.46% 10.10% 3.17% O O 35.00%

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