Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Tomas Italian Restaurant Projected Profit and Loss Statement P 154 & 207 Homework - Do in Excel -Compute the Percentages or use formulas - Name

image text in transcribed

image text in transcribed

Tomas Italian Restaurant Projected Profit and Loss Statement P 154 & 207 Homework - Do in Excel -Compute the Percentages or use formulas - Name June 20XX Dollars Percent Sales Revenue Food Beverage $ 52,000 24,500 Total Revenue Cost of Sales Cost of Food Cost of Beverage $15,650 2,780 Total Cost of Sales Gross Profit Operating Expenses Salaries and Wages Employee Benefits China, Glassware, Flatware, Linens Cleaning Supplies Uniforms Menus Paper Products Administrative and General Marketing and Advertising Operations and Maintenance Utilities 22,560 6,300 150 533 450 305 650 305 655 687 2,150 Total Operating Expenses Income Before Capital Expenses Capital Expenses $ 750 5,350 1,500 1,650 3,100 Insurance Rent Real Estate Taxes Interest Expense Depreciation Total Capital Expenses Profit Before Income Taxes

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Study On The Auditing System Of Socialism With Chinese Characteristics

Authors: Jiayi Liu

1st Edition

111932470X, 978-1119324706

More Books

Students also viewed these Accounting questions