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Do a vertical analysis of this income statement Midlands Restaurant Income Statement, First Quarter ended on March 31, 2014 Sales Revenue Grill Room 183200 Coffee

Do a vertical analysis of this income statement

Midlands Restaurant
Income Statement, First Quarter ended on March 31, 2014
Sales Revenue
Grill Room 183200
Coffee Garden 82900
Banquets 294400 560500
Net Food Costs 224200
Gross Profit 336300
Operating Expenses
Salaries and Wages 176400
Employee Meals 18200
Supplies 10300
Glass and Tableware 4300
Laundry and Linen 13500
License 2400
Printing 4900
Miscellaneous 8200
Total Operating Expenses 238200
Net Operating Income 98100
Other Income 800
Net Income 98900

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