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please answer as soon as possible . . to 1 The Operating Profit ratio for 2017 is to 1 For every 1 dollar of the
please answer as soon as possible
. . to 1 The Operating Profit ratio for 2017 is to 1 For every 1 dollar of the company has earned cents of Operating Profit in 2017 The Operating Profit ratio for 2018 is . For every 1 dollar of the company has earned cents of Operating Profit in 2018 After completing Horizontal Analysis it can be determined that the Operating Profit ratio- increased or decreased? by percent After completing Horizontal Analysis on the necessary accounts, what is the one specific account that influenced the change to Operating Profit you mentioned above the most Was management effective or ineffective at controlling the cost, which had the most impact on the change in the Operating Profit ratio? Please only type either effective or ineffective RESTAURANT INC3 CONSOLIDATED STATEMENTS OF OPERATIONS Fiscal Year (In thousands, except per share data) 2018 2017 Revenues $ 10,842,911 S 9,228,344 Costs and expenses: Cost of sales S 3,953,008 S 3,244, 140 Labor expenses S 3,103,565 $ 2,900,649 Other operating costs and expenses S 1,346,974 ! S 1,215,198 General and administrative expenses $ 1,025.141 $ 905,301 Depreciation and amortization expenses 503,545 S 499,354 Preopening costs s 321,779 255,668 Total costs and expenses Income from operations Interest expense (76,393) S (61,488) Interest Income 20,094s 20,211 Other (expense) income, net (950) $ (556) Income before laxes Income tax provision $ 159,495$ 49,860 Net income REQUIRED: Based on the information provided, fill in the blanks. To complete your answers please follow the instructions: Round up or down to keep two decimals accordingly. 1.e. 1.234 would be rounded to 1.23 whereas 1.235 would be rounded to 1.24 Use a period to determine decimals.i.e. 1.23 Please do not use dollar signs $ or percentage signs %. Please record the numbers with only a decimal place, do not place a comma, distinguishing the thousands. Le. To record $1,000 type 1000 not 1,000 I.e. To record $100,000 type 100000 not 100,000 Use only lower-case letters if typing a word, do not use UPPER-CASE letters Step by Step Solution
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