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Using the data, what are 2 major challenges that this restaurant is facing, and describe 2 solutions for th challenges identified (6 Marks) Week 1
Using the data, what are 2 major challenges that this restaurant is facing, and describe 2 solutions for th challenges identified (6 Marks) Week 1 Average sales Week 2 Average sales Week 1 % Week 2 250 230 Sales Revenue - Food $10,000 $11,100 $43.48 $44.40 $0.92 2.12% Sales Revenue - Beverage $7,900 $8,400 $34.35 $33.60 $0.75 -2.18% W TOTAL SALES REVENUE $17,900 $19,500 $77.83 $78 $0.17 0.22% Average cost Average cost Week 1 Week 2 Cost of Sales - Food $7,150 $8.200 $31.09 $32.80 $1.71 5.50% Cost of Sales - Beverage $1,690 $1,990 $7.35 $7.96 $0.61 8.30% Cost of Sales - Food $7,150 $8,200 $31.09 $32.80 $1.71 5.50% Cost of Sales - Beverage $1,690 $1,990 $7.35 $7.96 $0.61 8.30% Labour and other operating expenses $6,500 $6,900 $28.26 $27.60 $-0.66 -2.34% TOTAL EXPENSES $15,340 $17,090 $66.70 $68.36 $1.66 2.50% Average income Average income Operating Income $2,560 $2,410 |(1.B.I.T) For the toolbar, press ALT+F10 (PC or ALT+FN110 M $11.13 S9.64 $-1.49 -13.39%
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