Vanous assets, lablity, and owners equity account balances as a percentage ah tota saes QUESTION 18 Common-size vertical income statements O Express total sales revenue as 100% and show all other items as a percentage of that Show goss profit as 100% and express all other items as a percentage ofthat O Show net income as 100% and express al other items as a percentage of that O Show the change fom last perid's income statyment to this peniod's in percentage terms QUESTION 19 Average check is calculated by diiding O Sales revenue for a peniod into the number of guests served during that peniod O Sales revenue for a peniod by the number of guests senved during that period O Sales revenue for a period by the number of guests served during that period and multiplying by 100 Arnal sales revenue by 365 and mult plying by number ofguests served QUESTION 20 Sales revene Period 1 down and make sure 100%) lisS100,000 ard food cost is 40% Sales revenue in Penod 2 is $104.000 and food cost is 44% The percent cha you compute the Percentage Change in the Food Cost percentage % change is computed as (alue the current 4% "400 O 4% of $4,000 10% QUESTION 21 Sales revenue in Peiod 1 is $3,000 and in Period 2 t is $4,000. The trend index fgure for Period 2 (assuming Period 1 is given the value of O 104.0 O 130.0 O 1333 O 140.0 QUESTION 22 One method of comparing a ratio is with an industry average. Three other methods are O Guess, wing-t, and ask your superviso O Percentages, results fom previous periods, and a competitor's igures O Tumovers, percentages, and results from previous periods Chiol Save aed Submit to save and swbmit.Click Save All Ansvers to save all anseers