1. Analyze the business expenses

2. Income Statement
   	2019	2018	2017
   Revenues
   Restaurant	$180,000	$187,000	$197,000
   Bar	67,000	57,000	47,000
   Total	247,000	244,000	244,000
   Expenses
   Restaurant	$130,000	$125,000	$120,000
   Bar	50,000	48,000	47,000
   Total	180,000	173,000	167,000
   Net Income	67,000	71,000	77,000

1. Comparative Trend Analysis Calculate the percent change from year to year in expenses in the table below
   1. Percent change = (current year/past year 1) X 100

	2018 to 2019	2017 to 2018
Expenses	Percent Change	Percent Change
Restaurant
Bar
Total

2. Common Size Analysis
   1. For each item, divide by total revenue to get a percent
      1. For example, 2017 Restaurant Expense Percent = 120,000/244,000 X 100

	2019	2018	2017
Expenses	Percent of Total	Percent of Total	Percent of Total
Restaurant			49.18%
Bar

3. What do the two tables above show you regarding expenses?