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For a recent year, McDugal's company-owned restaurants had the following sales and expenses (in millions): Sales $17,700 Food and packaging $7,318 Payroll 4,700 Occupancy (rent,
For a recent year, McDugal's company-owned restaurants had the following sales and expenses (in millions): Sales $17,700 Food and packaging $7,318 Payroll 4,700 Occupancy (rent, depreciation, etc.) 2,982 General, selling, and admin. expenses 2,700 Other expense 350 Total expenses (18,050) Operating income (loss) $(350)
d. What would have been the operating income or loss for the recent year if sales had been $1,100 million more?
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