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Yellowstone Caf The restaurant's beginning and ending food inventory for 2020 were $16,000 and $18,000 respectively.Additional 2020 information is as follows: Food purchases: $120,000 Employee

Yellowstone Caf The restaurant's beginning and ending food inventory for 2020 were $16,000 and $18,000 respectively.Additional 2020 information is as follows:

Food purchases: $120,000

Employee meals: $3,500

Promotional meals : $2,500

Sales Revenue: $320.000

Question

1 What is the Cost of Good Sold for 2020?

2. What is the food inventory turnover for 2020?

3. What is food cost % for 2020?

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