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Can you double check the answers in the gray boxes & let me know if I did something wrong? How do you calculate % difference?
Can you double check the answers in the gray boxes & let me know if I did something wrong?
Laurie's Comparative Income Statement Last Year (5) This Year (5) Difference $ % SALES Food Beverage Total Sales 3,025,618 622,649 3,648,267 3,499,239 772,528 4,271,767 473,621 149,879 623,500 997,622 132,370 1,129,992 1,151,165 144,849 1,296,014 153,543 12,479 166,022 269,262 628,277 138.828 1,036,367 299,913 771,206 167,720 1,238,839 30,651 142,929 28,892 202,472 2.166,359 2.534,853 368,494 COST OF SALES 2 Food 3 Beverages 4 Total Cost of Sales 5 6 LABOR 7 Management 8 Staff 9 Employee Benefits 0 Total Labor 1 2 PRIME COST 3 24 OTHER CONTROLLABLE EXPENSES es Direct Operating Expenses 26 Music & Entertainment 27 Marketing 28 Utilities 29 Administrative & General Expenses 30 Repairs & Maintenance 31 Total Other Controllable Expenses 32 33 CONTROLLABLE INCOME 34 35 NON-CONTROLLABLE EXPENSES 36 Occupancy Costs 37 Equipment Leases 38 Depreciation & Amortization Total Non-Controllable Expenses 40 41 RESTAURANT OPERATING INCOME 42 43 Interest Expense 44 45 INCOME BEFORE INCOME TAXES 46 47 Income Taxes 48 49 NET INCOME 50 51 171,114 3,228 61,342 103,314 93,628 48,429 481,055 198,215 11,436 95.295 133,413 106.731 53,366 598,456 27,101 8,208 33,953 30,099 13.103 4,937 117,401 1,000,853 1,138,458 137.605 12,000 168,000 0 58,114 226,114 180,000 0 83,861 263.861 39 25,747 37,747 774,739 874,597 99,858 121,450 127334 5,884 653,289 747,263 93,974 261,315 313,850 52,535 391,974 433,413 41,439 How do you calculate % difference?
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