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the following data from a restaurrant operation show a partially completed comparative income statement analysis for two consecutive years. Determine the missing dollar values and
the following data from a restaurrant operation show a partially completed comparative income statement analysis for two consecutive years. Determine the missing dollar values and the missing dollar values and the missing percentages; show the plus (+) or negative (-) effects
Ull Caracted e a horizontal -sized analysis E3.7 in dollars and the The following comparative current asset informal from a balance sheet for two successive years. Complete a hor analysis for Years 0007 to 0008, and a vertical common-sized for Year 0008. Show the increase (+) or decrease (-) in dollars an percentage of changes in the horizontal analysis. Year 0008 Current Assets Cash Credit card receivables Accounts receivable Food inventory Prepaid expenses Total Current Assets Year 0007 $10,000 1,000 800 11.200 $12,000 1,500 880 7,840 4,620 $26,840 3,300 $26,300 E3.8 The following data from a restaurant operation show a partially completed comparative income statement analysis for two consecutive years. Deter- mine the missing dollar values and the missing percentages; show the plus (+) or negative (-) effects. Changes Year 0007 Year 0008 Dollars $23,502 $ +1,110 - 9,208 -9,438 +2.5% Sales Revenue Cost of sales revenue Gross Margin Direct costs Contributory Income Indirect costs Operating Income -10,202 +1,420 $3,552 - 2,477 3.00 $1,149 E3.9 Sales revenue for a restaurant operation is given April, and May of Year 0007. The index nur month. Convert March, April, and to curr to the nearest dollar. March reach 18W Year 0007 Sales Rev $48, March April May $50 $5 Step by Step Solution
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