Exercise # $2$

The owners of the JWU Bar & Grill are predicting a $10\mathrm{.}0\%$ increase in both Food Sales and Beverage Sales for the month of April. To make a budget for April, they want you to complete the income statement below using the sales information from March with the projected income increase. Round all percentages to one place after the decimal point $($ex$.36\mathrm{.}4\%$ or $.7\%)$ and all dollar amounts to the nearest dollar $($ex$.$ $$35,980).$ Notice there are some changes in percentages due to management's projections. Each answer in the yellow shaded cells is worth one point.

If management predicts that the check average $($F&B combined$)$ per person for April will be $$40\mathrm{.}00,$ what will be the expected customer count?

Student Worksheet

$5$

Complete the income statement below for the month of March by filling in the yellow shaded cells. Each answer in the yellow shaded cells is worth one point.

Round all percentages to one place after the decimal point $($ex$.36\mathrm{.}4\%$ or $\mathrm{.}7\%)$

Round all dollar amounts to the nearest dollar $($ex$.$ $$35,980)$

Income Statement

JWU Bar & Grill

March

$\backslash$table$[[$Sales$,,$$$,\%$