A B C D E F Chapter 9, Question 9 Elena Visten is the manager of the Hoffbrau House, a German-themed restaurant that features steaks and roasted Bavarian-style pork dishes. Elena wants to compare this year's operating results to last year's results. Complete the two-year comparison she has begun, and then answer the questions that follow. Hoffbrau House Difference This Year ($) % Sales Food 3.499,939 15 7% Beverage 773,228 24.2% Total sales 4.273.167 17.1% Cost of Sales Food 1, 151, 165 Beverages 144,849 Total cost of sales 1.296.014 Labor Management 299,913 269,262 Staff 771,206 628,277 Employee benefits 167,720 138,828 Total labor Prime Cost Other Controllable Expenses Direct operating expenses 198,215 171,114 Music & entertainment 11,436 3,228 Marketing 95,295 61,342 Utilities 133,413 103,314 Administrative & general expenses 106,731 93,628 Repairs & maintenance 53,366 48,429 Total other controllable expenses Controllable Income Non-controllable expenses Occupancy costs 180.000 168,000 Equipment leases 0 0 Depreciation & amortization 83,861 58,114 Total non-controllable expenses Restaurant Operating Income Interest expense 127,334 121,450 Income Before Income Taxes 627.700 Income taxes 313,850 261,315 Name Box Net Income 313.850 a. One of Elena's goals was to increase sales by 15 percent. Did Elena meet that goal? b. Another of Elena's goals was to increase her operation's net income by 8.5 percent. Did Elena meet that goal? C. What was the operation's EBITDA this year? Answers