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PLEASE SHOW EVERY STEP. PLEASE SHOW WHAT CALCULATIONS GO WHERE AND HOW IT IS CALCULATED. Tropical Selections is a restaurant chain operating in select cities
PLEASE SHOW EVERY STEP. PLEASE SHOW WHAT CALCULATIONS GO WHERE AND HOW IT IS CALCULATED.
Tropical Selections is a restaurant chain operating in select cities in Florida. Select financial data is below to provide you with the necessary content tor rtormance evaluatippoyrposes. Sales revenue Variable costs Fixed costs Operating income Interest costs on long-term debt at 10% Income before income taxes Income taxes at 30% Net income Net book values at the end ot 2022 Current assets Long-term assets Total assets Current liabilities Long-term debt Stockholders' equity Total liabilities and stockholders' equi Requirement One: Calculate ROI tor each ot the three restaurants usin the condensed ROI formula Requirement Two: Calculate Profit Margin (Return on Sales) tor each Calculate Asset Turnover tor each Requirement Three: Calculate ROI tor each ot the three again, but assume sales decrease by 5% tor each one. Assets and fixed costs remain the same as resented Requirement Four: Calculate ROI tor each ot the three again, but assume fixed costs increase by 15% tor each one. Assets and costs remain the sameaspresented Pensacola Restaurant 890,000 850,000 300,000 Clearwater Restaurant 625,000 725,000 650,000 700,000 150,000 Naples Restaurant 460,000 700,000 240,000 300,000 goo,ooo 50,000 resented Total 3 285 ooo 1,780,000 450 ooo 1,330,000 agg,ooo 931,000 5 700 ooo 7,550,000 500,000 1 ooo ooo
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