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In this book, you will discover that the work of financial accountants can be extremely helpful to professional hospitality managers. In later chapters, we
In this book, you will discover that the work of financial accountants can be extremely helpful to professional hospitality managers. In later chapters, we will examine, in detail, how these accountants do some of the important parts of their jobs. To understand how financial accounting can help hospitality managers, consider the case of Faye Richards. She is interested in buying her own small pizza shop. The shop would be located in a strip shopping center and would sell primarily pizzas, hot subs, and soft drinks. Some of the many financial considerations Faye would have as she tries to decide if buying the shop is a good idea would be: 1. How much revenue do pizza shops like this typically achieve on an average day? 2. What do pizza shops normally spend to properly staff their stores?
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1 How much revenue do pizza shops like this typically achieve on an average day The amount of revenue that a pizza shop can typically achieve on an average day can vary greatly depending on the locati...Get Instant Access to Expert-Tailored Solutions
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