Question
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
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
Weekday | Sales ($) |
Monday | 1852.85 |
Tuesday | 2158.44 |
Wednesday | 1986.33 |
Thursday | 2154.44 |
Friday | 2687.99 |
Saturday | 3452.83 |
Sunday | 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/weektodate sale spreadsheet he has prepared, and then answer the questions that follow.
Daudi's Improved Weekly Sales History
Weekday | Sales | Sales to Date | % of Weekly Sales |
Monday | |||
Tuesday | |||
Wednesday | |||
Thursday | |||
Friday | |||
Saturday | |||
Sunday |
a.) What were Daudi's sales as of Wednesday's closing? b.) What were Daudi's sales as of Friday's closing? c.) What were Daudi's sales for this week? d.) On what night did Daudi achieve the greatest percentage of his weekly sales? e.) On what night did Daudi achieve the lowest percentage of his weekly sales? f.) Why do you think Daudi decided to add the % of Weekly Sales column to his improved weekly sales history record?"
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