The following financial information is from the Darden Restaurants 2003 Annual Report: Required a. What are the

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The following financial information is from the Darden Restaurants 2003 Annual Report:

# Restaurants Sales $ Mix % Mix % Red Lobster $ 2,430,000 000 673 Olive Garden $ 1,990,000,000 524 $ 138,000,000 Bahama

Required

a. What are the total annual sales and how many total restaurants in 2003?

b. Calculate the sales mix percentage for 2003.

c. Calculate the restaurant unit mix percentage for 2003.

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Related Book For answer-question

Accounting and Financial Analysis in the Hospitality Industry

ISBN: 978-0132458665

1st edition

Authors: Johnathan Hales

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Question Posted: Mar 12, 2019 12:18 PM

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The following financial information is from the Darden Restaurants 2003 Annual Report: Required a. What are the

Question:

Red Lobster Olive Garden Bahama Breeze Smokey Bones TOTALS Sales $ $ 2,430,000 000 $ 1,990,000,000 $ 138,000,000 93,000,000 Mix % # Restaurants 673 524 34 39 Mix %

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a b c Red Lobster Olive Garden B...View the full answer

Accounting and Financial Analysis in the Hospitality Industry

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