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Use the attached Quality Indicator Checklist and the financials from Restaurant Co. to answer the checklist 4. Are Officers Committed? Are there notes receivable? Are

Use the attached Quality Indicator Checklist and the financials from Restaurant Co. to answer the checklist

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4. Are Officers Committed? Are there notes receivable? Are there notes payable or subordinated officer debt? (Officer debt is a good indicator is truly subordinated) RESTAURANT CO. RESTAURANT CO. PROFIT \& LOSS STATEMENT 3. Is GFF(PAT + non-cash expenses) sufficient to purchase new PWC each year? - If not, we have to analyze the cash flow statement to determine the other sources of cash which are financing the increase in PWC. 4. Are Officers Committed? Are there notes receivable? Are there notes payable or subordinated officer debt? (Officer debt is a good indicator is truly subordinated) RESTAURANT CO. RESTAURANT CO. PROFIT \& LOSS STATEMENT 3. Is GFF(PAT + non-cash expenses) sufficient to purchase new PWC each year? - If not, we have to analyze the cash flow statement to determine the other sources of cash which are financing the increase in PWC

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