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  • Kathryn Longstaff

    Lesson 7.1 Activity 3


    1. Prepare the New York “PB” Steak House Income Statement for 2020.
    2. Calculate the total operating expenses percentage 
    3. Calculate the Food Cost Percentage
    4. Calculate the Beverage Cost Percentage.
    5. Calculate the net income (profit or loss) at the end of the year in dollars and in percentage
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