Question
create a one day Income statement for delta hotels Sales: Identify (estimate / forecast) your revenue streams - what are you selling? Using an excel
create a one day Income statement for delta hotels Sales: Identify (estimate / forecast) your revenue streams - what are you selling? Using an excel spreadsheet to forecast (number crunch) Sales. Identify how youve arrived at the Sales figure (calculated revenue) - consider creating an Income statement for one day, as this will simplify your sales menu mix calculations! Also Create a menu mix Using Excel formulas, practice estimating/calculating, sales revenue streams, cost of goods sold, labour, operating and overhead costs. The point of the exercise is to create a statement that generates a positive (profitable) Net Income use the Cost of Goods Sold and Labour percentages After creating income statement and menu mix An Introduction - Identify the restaurant name and location (Include the restaurants URL in the reference section not in the body of your report). Sales and menu mix information how did you estimate sales / revenue streams? Other Controllable Costs: Labour costs describe how you estimated staffing costs? Operating / Occupancy Costs Income Conclusion
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