HIM 241 EX7-2 Should we close the shop during the off season? You have the following quarterly income statements of a re

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Him 241 Ex7 2 Should We Close The Shop During The Off Season You Have The Following Quarterly Income Statements Of A Re 1 (33.27 KiB) Viewed 10 times

HIM 241 EX7-2 Should we close the shop during the off season? You have the following quarterly income statements of a restaurant. 1st Qtr. 2nd Qtr. 3rd Qtr. 4th Qtr. estigale Sales revenue Cost of sales Gross margin C Operating Expenses Wages & salaries Supplies Advertising Utilities V Maintenance Insurance Interest Depreciation Rent Total operating expenses Operating Income 45 % T 3 G 6 Y B 1+ H Name: Vaishali 86,400 97,000 89,400 32,800 35,900 33,100 61.100 56,300 32,000 1,900 900 2,600 2,900 450 450 1,200 750 700 6,000 35,900 2,200 1,970 900 900 & 7 U 1,200 750 700 6.000 46.500 $1.000 42.200 2.100 J . 1,200 750 700 1,000 20.950 10.100 8620 2.650 8 PV 33,100 17,800 1,100 600 2,680 400 1,200 750 700 6,000 1 N M 46,400 18,100 28.300 FIR 69 K 2,400 400 O 9- V > 0 L P A 1 ****