Complete the partial income statement and answer the questions below. Sales $ 96 96 Food Sales...

Transcribed Image Text:

Complete the partial income statement and answer the questions below. Sales $ 96 96 Food Sales $620,000 Beverage Sales $500,000 Total Sales Cost of Sales Food Cost $1,120,000 $210,800 Beverage Costs $120,000 Total Cost of Sales $330,800 Gross Profit All percentages, round up or down to the whole number incorrect 25.3 correct 25 incorrect 25.5 correct 26 Any revenue, dollars and cents 3245.50 correct 3245.5 3245 incorrect NO symbols, $% or text What is the Food Sales 96? What is the Beverage Cost 96? What is the Total Cost of Sales 96? What is the Gross Profit dollars What is the Gross Profit % Complete the partial income statement and answer the questions below. Sales $ 96 96 Food Sales $620,000 Beverage Sales $500,000 Total Sales Cost of Sales Food Cost $1,120,000 $210,800 Beverage Costs $120,000 Total Cost of Sales $330,800 Gross Profit All percentages, round up or down to the whole number incorrect 25.3 correct 25 incorrect 25.5 correct 26 Any revenue, dollars and cents 3245.50 correct 3245.5 3245 incorrect NO symbols, $% or text What is the Food Sales 96? What is the Beverage Cost 96? What is the Total Cost of Sales 96? What is the Gross Profit dollars What is the Gross Profit %

Answer rating: 100% (QA)

To complete the partial income statement and answer the questions 1 Food Sales Food Sales F... View the full answer