Analysis the income statement

The potential problems that management should concentrate on, with quantitative and qualitative evidence to back them up. What are the ramifications of each of these issues if they are not resolved? Discuss potential causes for each of the problems listed above using creativity and critical thinking. Discuss a potential solution for each of the aforementioned issues using creativity and critical thinking. Each answer can be scaffolded and layered, Demonstrate an awareness of the many stakeholders who may be influenced by your solution, either negatively or positively.

Were there any additional accounts that had negative alterations but weren't listed among the top two?

Sales 2019 2018 Food Sales $3,203,342 $3,305,234 Wine Sales $ 224,234 $ 204,501 Liquor Sales $ 320,334 $ 330,523 Beer Sales $ 128,134 $ 132,209 Soft Beverage Sales $ 64,067 $ 33,052 Catering Sales $ 320,334 $ 33,052 Total Sales $ 4,260,445 $ 4,038,572 COST of Goods Sold Food Cost of Sales $ 993,036 $ 1,024,623 Wine Cost of Sales $ 62,786 $ 57,260 Liquor Cost of Sales $ 44,847 $ 46,273 Beer Cost of Sales $ 32,033 $ 33,052 Soft Beverages Cost of Sales $ 6,407 $ 3,305 Catering Cost of Sales $ 96,100 $ 9,916 Total Cost of Sales $ 1,235,209 $ 1,174,429 Gross Profit $ 3,025,236 $ 2,864,143 Labour Cost $ 1,618,969 $ 1,413,500 Operating costs $ 213,022 $ 201,929 Rent Costs $ 213,022 $ 242,314 Waste Removal Costs $ 42,604 $ 40,386 Insurance Costs $ 85,209 $ 80,771 Utilities Costs $ 127,813 $ 121,157 Manager Costs $ 426,044 $ 403,857 Total Indirect costs $ 2,726,685 $ 2,503,915 Net Profit/Loss $ 298,551 $ 360,228 Sales 2019 2018 Food Sales $3,203,342 $3,305,234 Wine Sales $ 224,234 $ 204,501 Liquor Sales $ 320,334 $ 330,523 Beer Sales $ 128,134 $ 132,209 Soft Beverage Sales $ 64,067 $ 33,052 Catering Sales $ 320,334 $ 33,052 Total Sales $ 4,260,445 $ 4,038,572 COST of Goods Sold Food Cost of Sales $ 993,036 $ 1,024,623 Wine Cost of Sales $ 62,786 $ 57,260 Liquor Cost of Sales $ 44,847 $ 46,273 Beer Cost of Sales $ 32,033 $ 33,052 Soft Beverages Cost of Sales $ 6,407 $ 3,305 Catering Cost of Sales $ 96,100 $ 9,916 Total Cost of Sales $ 1,235,209 $ 1,174,429 Gross Profit $ 3,025,236 $ 2,864,143 Labour Cost $ 1,618,969 $ 1,413,500 Operating costs $ 213,022 $ 201,929 Rent Costs $ 213,022 $ 242,314 Waste Removal Costs $ 42,604 $ 40,386 Insurance Costs $ 85,209 $ 80,771 Utilities Costs $ 127,813 $ 121,157 Manager Costs $ 426,044 $ 403,857 Total Indirect costs $ 2,726,685 $ 2,503,915 Net Profit/Loss $ 298,551 $ 360,228