5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 26 27 29 30 Case 2. Elena Visten is the manager of the Hoffbrau House, a German-themed restaurant that features steaks and roasted Bavarian-style pork dishes. Elena wants to compare this year's operating results to last year's results. Complete the two-year comparison she has begun, and then answer the questions that follow. (7 points) 31 Hoffbrau House Sales Food Beverage Total sales Cost of Sales Food Beverages Total cost of sales Labor Management 28 Direct operating expenses Music & entertainment Marketing Utilities Staff Employee benefits Total labor Prime Cost Other Controllable Expenses This Year ($) 3,499,939 773,228 1,151,165 144,849 299,913 771,206 167,720 198,215 11,436 95,295 133,413 Last Year ($) 3,025,618 622,649 997,622 132,370 269,262 628,277 138,828 171,114 3,228 61,342 103,314 $ Difference % 32 33 34 35 36 37 Occupancy costs Equipment leases 39 Depreciation & amortization 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 56 57 Administrative & general expenses Repairs & maintenance Total other controllable expenses Controllable Income Non-controllable expenses 58 Total non-controllable expenses Restaurant Operating Income Interest expense Income Before Income Taxes Income taxes Net Income 106,731 53,366 180,000 0 83,861 127,334 313,850 93,628 48,429 168,000 0 58,114 c. What was the operation's EBITDA this year? (1 point) (Type your answer here) 121,450 261,315 a. One of Elena's goals was to increase sales by 15 percent. Did Elena meet that goal? (1 point) (Type your answer here) b. Another of Elena's goals was to increase her operation's net income by 8.5 percent. Did Elena meet that goal? (1 point) (Type your answer here)