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Complete the following tasks using the information in Problem 3.9 on Page 131. Present your results in tables and show your work. Calculate average check
Complete the following tasks using the information in Problem 3.9 on Page 131. Present your results in tables and show your work. Calculate average check for each of the three months (April to June). Calculate the trend index for revenue, average check, and the number of guests over the three month. Compare the trends of revenue and average check. Why is the average check trending down while the revenue is trending up? P3.9 You have the following information concerning a fast-food restaurant for three consecutive months. Convert the consolidated income statements to common size. Use the number of customers to prepare additional analyses. Comment on what is happening in this operation using the information you have calculated. Complete the following tasks using the information in Problem 3.9 on Page 131. Present your results in tables and show your work. Calculate average check for each of the three months (April to June). Calculate the trend index for revenue, average check, and the number of guests over the three month. Compare the trends of revenue and average check. Why is the average check trending down while the revenue is trending up? P3.9 You have the following information concerning a fast-food restaurant for three consecutive months. Convert the consolidated income statements to common size. Use the number of customers to prepare additional analyses. Comment on what is happening in this operation using the information you have calculated
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