Question
Peter, the new revenue analyst for the Profound Restaurant, has been given the following information for November 2020 & November 2021: 11-21 34% $879,562.15
Peter, the new revenue analyst for the Profound Restaurant, has been given the following information for November 2020 & November 2021: 11-21 34% $879,562.15 F&B Cost% F&B Cost Amount Total F&B Sales Labour Cost % 11-20 $2,368,200.00 37.80% 37.75% He was told that at the beginning of 2021, all menu prices were raised by 8.5% and all employee compensation were raised by 8%. Based on the provided information, help Peter evaluating the performance of Profound Restaurant in November 2021 in comparison with November 2020.
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International Business And The New Realities
Authors: S. Tamer Cavusgil, Gary Knight, John R. Riesenberger
2nd Edition
9780131738607, 131738607, 978-0136090984
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