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Tasty Sandwiches (TS) produces sandwiches for small parties and corporate catering events throughout the Madrid area. They have active social media accounts that have


 

Tasty Sandwiches (TS) produces sandwiches for small parties and corporate catering events throughout the Madrid area. They have active social media accounts that have increased brand recognition throughout Spain, but currently they do not have any shops outside of the Madrid area. Financial Information for TS for the year ending Dec. 20XX Table 1: Number of sandwiches sold Price per sandwich Bread per sandwich Electricity per month Rent per quarter Vegetables per sandwich Marketing per year Meat per sandwich 7% paid on a loan of: Tax 20000 $5.50 $.75 $200 $500 $0.20 $500 $1.00 $10,000 15% of profits 1. Construct a profit and loss account for TS for the year ending 31 December 20XX based on the figures in Table 1 (show all of your working).

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