Question: The income statement also contains an important intermediate measure between revenue and profit, Gross Margin. This is your revenue minus expenses directly related to producing

The income statement also contains an important intermediate measure between revenue and profit, Gross Margin. This is your revenue minus expenses directly related to producing a product. For restaurants, a healthy gross margin is around

65 %

70 %,

with a higher value being better. According to the table below, what is the current gross margin? Is it good or bad compared to the industry standard?

Income Statement for Cher Cezanne

Detail:Medium

-

$ or

x .

For week ending...

Revenue

Food

Beverage

Total Revenue

coss

Food cost

Beverage Cost

Waste

Total coss

Gross Margin

Expenses

Staming

Rent

Marketing

Depreciation

Other

Total Expenses

Profit

\

table

[[

Aug

162025,

Aug

23 2025,

Aug

302025,

Sep

62025], [,,,], [0, 65 %, 65 %, 65 %

The income statement also contains an important intermediate measure between revenue

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