Case Study 3 - Charlie Driver and 4C Company. With reference to the financial statements prepared for the Company for Year 2007 see Case 21 prepare a common se vertical statement. The local restaurant section provided Charle with statical data that are applicable for a table service, family oriented lunch and dinner restaurant simlar to be see belowl. The data provide percentages for typicalements of an income statement comment on how the operating income before that the 4Crestre compares to similar restaurants the Comparison plan Sales tenue Tood operations BAN 300 17.01 telefon Cost of all, beverages Total Cost of Sales Gross Marpin Operating Experies Salaries experte Employee benefits expense Employee meals expere Laundry, lenormexpense Replacements egen Services Supplies expense Menu printing experte 11.00 SOON 0.5 0. SON 2.50 Advertising promotion expense 400 3.0 Repairs, maintenance expense 200 450.0 Property tense 0. 0.8 interest expense 20% Franchise expense of all 30 800N Total Operating Expenses $1.5% Operating income foreta) The rest count covers for the restaurant for the year was 66.612. Determine the overall werage check sales revenue for food and beverages. In your opinion does the average check for food and beverages appear reasonable for a budget carious familytype table service restaurant? Calculate the cost percentage wood, beverage cost and the total cost of these percentage of total sales revenue. How does cost of sales for food, beverages, and the hotel con of sales compare to the ranges provided for a restaurant of this type? 4. Given the choice would be better to have a higher or lower percentage of beverage sales revenue compared to food sales revetur? EXPLAIN your reasoning RAIL forcement netaSISned womaint Samannmaanatarunused mmentarimmmmm M-5000 nie. mummythone 7. == KH = Mun == == ! == Cate Blanchett + the us = = = ==w+sis, when he ward - Hughiw thupaen utaramaana ress the series thalie-diatru Carpen | 2009 2008 LE 1 FORESTS SE SEE SEA WERE WE GES MODE GOGUE HE MO wa 99 OSTSIE 1 TO 25 TER HOTA WERE BODEN IS WEEK WE 12 HE RE 2.00 13 13 SEL MOTO MOLT 5456 LE 41001110 MLP 16 IS BER SET BELE AMOUS WE MODELI GERE w MOR TH WE BE WH ON NEO WOEN 071 HOT ON TEX STEEN WE WILS ME SI SIE WE WILL SET MOET NO ici Sala november Case Study 3 - Charlie Driver and 4C Company. With reference to the financial statements prepared for the Company for Year 2007 see Case 21 prepare a common se vertical statement. The local restaurant section provided Charle with statical data that are applicable for a table service, family oriented lunch and dinner restaurant simlar to be see belowl. The data provide percentages for typicalements of an income statement comment on how the operating income before that the 4Crestre compares to similar restaurants the Comparison plan Sales tenue Tood operations BAN 300 17.01 telefon Cost of all, beverages Total Cost of Sales Gross Marpin Operating Experies Salaries experte Employee benefits expense Employee meals expere Laundry, lenormexpense Replacements egen Services Supplies expense Menu printing experte 11.00 SOON 0.5 0. SON 2.50 Advertising promotion expense 400 3.0 Repairs, maintenance expense 200 450.0 Property tense 0. 0.8 interest expense 20% Franchise expense of all 30 800N Total Operating Expenses $1.5% Operating income foreta) The rest count covers for the restaurant for the year was 66.612. Determine the overall werage check sales revenue for food and beverages. In your opinion does the average check for food and beverages appear reasonable for a budget carious familytype table service restaurant? Calculate the cost percentage wood, beverage cost and the total cost of these percentage of total sales revenue. How does cost of sales for food, beverages, and the hotel con of sales compare to the ranges provided for a restaurant of this type? 4. Given the choice would be better to have a higher or lower percentage of beverage sales revenue compared to food sales revetur? EXPLAIN your reasoning RAIL forcement netaSISned womaint Samannmaanatarunused mmentarimmmmm M-5000 nie. mummythone 7. == KH = Mun == == ! == Cate Blanchett + the us = = = ==w+sis, when he ward - Hughiw thupaen utaramaana ress the series thalie-diatru Carpen | 2009 2008 LE 1 FORESTS SE SEE SEA WERE WE GES MODE GOGUE HE MO wa 99 OSTSIE 1 TO 25 TER HOTA WERE BODEN IS WEEK WE 12 HE RE 2.00 13 13 SEL MOTO MOLT 5456 LE 41001110 MLP 16 IS BER SET BELE AMOUS WE MODELI GERE w MOR TH WE BE WH ON NEO WOEN 071 HOT ON TEX STEEN WE WILS ME SI SIE WE WILL SET MOET NO ici Sala november
