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The following information is from Dessert Dynasty. The company runs three stores and the December Income Statement for all stores is shown. DESSERT DYNASTY Income

The following information is from Dessert Dynasty. The company runs three stores and the December Income Statement for all stores is shown.

DESSERT DYNASTY

Income Statement

Month ending December 31, 2018

Store X Store Y Store Z
Retail revenue $17,976 ? $37,380
Event revenue 11,760 4,620 2,520
Total revenue $29,736 $30,879 $39,900
Ingredients 3,528 3,276 ?
Wages 15,792 18,438 23,646
Baking supplies 1,848 2,352 1,092
Fuel 832 1,302 1,260
Utilities 693 756 1,260
Total expenses $22,693 $26,124 $33,222
Operating income ? $4,746 $6,678

Required:

  1. Find the missing values for retail revenue, ingredients, and operating income.
  2. Comment on the financial performance of each store.
  3. Identify a limitation of analyzing the information provided.

Consider using Microsoft Excel or another spreadsheet application for the numerical data. This information will be used in a subsequent question.

Work and Solution:

  1. Store Y retail revenue: ___________

Store Z ingredients; _____________

Store X operating income: __________

2.

3.

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