You have the following information about Hotshot Hotel’s dining room for the months of October and November. Calculate sales revenue average check, cost of sales, expenses and operating income on a per-guest basis.
Use this information to comment about the dining room’s operating results for October and November
You have the following information about the sales revenue, cost of sales, and accounts receivable for six consecutive periods for a small to midsize catering service. Generally, they are paid by check or cash and also extend 15-day accounts receivable credit to selected organizations.
For each of the three items, calculate trend percentages. Using the results from this analysis, discuss whether the situation developing for the catering service is desirable.
