Chapter 10 question 1

Test Your Skills 1. Daudi owns and manages a restaurant featuring Middle Eastern cuisine. He tracks his sales on a daily basis and in the past had waited until the end of the week to sum his weekly sales. Last week Daudi's operation achieved these daily sales: Daudi's Daily Sales Record Sales ($) 1852.85 2158.44 1986.33 Week Day Monday Tuesday Wednesday Thursday Friday Saturday Sunday 2154.44 2687.99 3452.83 1325.55 After attending a managerial accounting seminar held at the annual meeting of his state restaurant association, Daudi now wants to modify the way he records his sales to create an improved sales history record. Help Daudi begin using the improved sales history record he has created by completing the daily/week-to-date sale spreadsheet he has prepared, and then answer the questions that follow. Daudi's Improved Weekly Sales History Sales ($) Sales to Date ($) % of Weekly Sales Week Day Monday Tuesday Wednesday Thursday Friday Saturday Sunday