Question
A common-size income statement of a restaurant showed total sales as $300,000.Also, the payroll expense on the common-size statement was 15%.Based on this information, the
A common-size income statement of a restaurant showed total sales as $300,000.Also, the payroll expense on the common-size statement was 15%.Based on this information, the total payroll expense for the year must have been:
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Financial & Managerial Accounting
Authors: Jan Williams
16th Edition
78111048, 978-0078111044
