Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Marigold Copy offers walk-in copying and binding services to small businesses that cannot afford to provide those services in-house. Following is a typical schedule for
Marigold Copy offers walk-in copying and binding services to small businesses that cannot afford to provide those services in-house. Following is a typical schedule for a SO-copy spiral-bound job: Activity Minutes Processing order 16 Waiting for copying to begin 21 Copying 15 Waiting for binding 25 Binding 16 Packing for customer 6 (a) Calculate the delivery cycle time. Delivery cycle time minutes (b) Calculate the manufacturing cycle time. Manufacturing cycle time minutes The current asset portion of Darden Restaurants, lnc.'s balance sheet is as follows (in $ millions). Fiscal Year Ended May 27, May 28, 2018 2017 Current assets: Cash and cash equivalents $146.9 $233.1 Receivables, net 83.7 75.9 Inventories 205.3 178.9 Prepaid income taxes 15.9 6.2 Prepaid expenses and other current assets 89.9 80.6 Assets held for sale 119 13.2 Total current assets $553.6 $587.9 Prepare a horizontal analysis of Darden Restaurants' current assets. (if amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round answers to 1 decimal place, e.g. 12.5.) Fiscal Year Ended 5/27/2018 5/28/2017 55 Chal Current assets: $ 86.2 $ 0 $ Cash and cash equivalents Receivables, net Oventories Prepare a horizontal analysis of Darden Restaurants' current assets. (if amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round answers to 1 decimal place, e.g. 12.5.) Fiscal Year Ended 5/27/2018 5/28/2017 55 Change % Change 86.2 $ 0 $ % % % % % % Current Attempt in Progress Six Flags Entertainment Corp. reported the following revenue data (in $000s) in its 2017 annual report. Revenues 2017 2016 2015 2014 2013 Theme park admissions $741,275 $715,413 $687,819 $641,535 $602,204 Theme park food, merchandise, and other 524,582 521,167 500, 190 460,131 448,547 Sponsorship, licensing, and other fees 78,096 66,329 59,133 57,250 42,149 Accommodations 15,121 16,489 16,796 16,877 17,000 Prepare a trend analysis of Six Flags' revenue sources. (Round answers to 1 decimal place, e.g. 50.1%.) Revenues 2017 2016 Theme park admissions % % Theme park food, merchandise and other % % Sponsorship, licensing and other fees % % Accommodations % %Prepare a trend analysis of Six Flags' revenue sources. (Round answers to 1 decimal place, e.g. 50.1%.) 2016 2015 2014 2013 % % % % % % % % % % % % % % % %Chipotle Mexican Grill began with a single location in 1993 and now operates more than 2,450 restaurants. Adapted versions of the company's income statements (in $0005) are as follows: 2017 2016 Revenue $4,476,412 $3,904,384 Restaurant operating costs Food, beverage, and packaging 1,535,428 1,365,580 Labor 1,205,992 1,105,001 Occupancy 327,132 293,636 Other operating costs 651,644 641,953 General and administrative expenses 296,388 276,240 Depreciation and amortization 163,348 146,368 Pre-opening costs 12,341 17,162 Loss on disposal of assets 13,345 23,877 Total operating expenses 4,205,618 3,869,817 Income from operations 270,794 34,567 Interest and other income (expense), net 4,949 4,172 Income before income taxes 275,743 38,739 Provision for income taxes 99,490 15,801 Net income $176,253 $22,938 Prepare a common-size income statement for each year. (Round answers to 1 decimal place, 2.3. 50.1%.) G 2017 2016 Revenue Restaurant operating costs Food, beverage, and packaging Labor Occupancy Other operating costs General and administrative expenses Depreciation and amortization Pre-opening costs Loss on disposal of assets Total operating expenses Income from operations Interest and other income (expense), net Income before income taxes Provision for income taxes SNet income 2017 % % % % % % % % % % % % 2016 % % % % % % % % % % % % % % % % % %
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started