Jack Sparrow is the owner of Captain Jack’s Seafood. It is open seven days a week. Jack monitors three revenue sources in his operation. These three sources are the dining room, the bar, and his carryout operation. Jack finished tallying his February 2013 sales. He wishes to compare his revenue to that achieved in the prior year. Complete his sales summary, calculating your percentage answers to one decimal place, and then correctly answer the questions that follow: Feb 2012 Feb 2013 $ Variance % Variance Captain Jacks Dining room 195,750 192,550 Bar 35,550 36,520 Carry-out 16,500 16,250 Total revenue
Jack Sparrow is the owner of Captain Jack’s Seafood. It is open seven days a week. Jack monitors three revenue sources in his operation. These three sources are the dining room, the bar, and his carryout operation. Jack finished tallying his February 2013 sales. He wishes to compare his revenue to that achieved in the prior year. Complete his sales summary, calculating your percentage answers to one decimal place, and then correctly answer the questions that follow: Feb 2012 Feb 2013 $ Variance % Variance Captain Jacks Dining room 195,750 192,550 Bar 35,550 36,520 Carry-out 16,500 16,250 Total revenue
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Jack Sparrow is the owner of Captain Jack’s Seafood. It is open seven days a week. Jack monitors three revenue sources in his operation. These three sources are the dining room, the bar, and his carryout operation. Jack finished tallying his February 2013 sales. He wishes to compare his revenue to that achieved in the prior year. Complete his sales summary, calculating your percentage answers to one decimal place, and then correctly answer the questions that follow:
Feb 2012 | Feb 2013 | $ Variance | % Variance | |
Captain Jacks | ||||
Dining room | 195,750 | 192,550 | ||
Bar | 35,550 | 36,520 | ||
Carry-out | 16,500 | 16,250 | ||
Total revenue |
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