Question
After the first month of operation, Val's Donut Shop has reported the following revenue and expense figures. (5 points) A. Complete the profits weekly
After the first month of operation, Val's Donut Shop has reported the following revenue and expense figures. (5 points) A. Complete the profits weekly and monthly to show the current state of the operation. B. Given the monthly sales, what is the ideal expense amount to achieve $1,400 in profit. Profit / Week Revenue $935.50 xpense $771.80 S163.70 571.46 $606.14 933.33 $528.47 1,510.20 $34.91 Loss 1 1,177.60 1,461.80 1,545.11 $5120.01 3 4. Month $3786.79 $1333.22 To Receive $1,400 Profit for the Month Month $5120.01 $3720.01 $1400.00
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Accounting
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
23rd Edition
978-0324662962
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