The document shows the statement of income for the Stowe Room Café for the month ending October 31. Total sales were $426,023 with food sales accounting for 76.44% ($325,658) and beverage sales 23.56% ($100,365). Total cost of goods sold was 34% ($144,826) of total sales. Operating expenses accounted for 47.21% ($201,137) of total sales. After taxes, the net income was 4.47% ($19,023) of total sales.
Everything you need to know about Hospitality Revenue Management – and how to select the right solution and/or services for your organization.
Key takeaways from this Guide:
* KEY CONCEPTS
Need-to-know concepts, terminology and emerging trends
* MUST-ASK QUESTIONS
for solution providers and consultants that really matter
* BUYING CONSIDERATIONS & CHECKLISTS
Factors in the purchase decision, plus a framework
for assessing the options
* ROADMAP & RECOMMENDATIONS
Important tips for maximizing the value of your investment
Read the complete guide to know more.
Visit our website: https://rategain.com/
Hotel Management Course - Revenue management Concepts Manish Gupta
This short course will explain the basic fundamentals of hotel's revenue management. Objectives, process and practices. You can subscribe the course at https://goo.gl/ufSuqN or visit our website www.ehotelmanagementschool.com
How To Manage Restaurant Business PowerPoint Presentation SlidesSlideTeam
How To Manage A Restaurant Business PowerPoint Presentation Slides is custom-tailored for hotel and restaurant industry professionals. Our hospitality management PPT theme enables restaurateurs to consolidate business highlights, challenges, opportunities, and solutions. Demonstrate the present firm situation, weekly restaurant sales report, and competitive landscape analysis using our restaurant management PowerPoint template. Illustrate a sound restaurant management system like centralized data management through our food and beverage business PPT slides deck. The hospitality service PowerPoint presentation outlines the vital point of sale aspects such as selecting POS, POS interface, and POS up-gradation system. The extensive layout of this service industry PPT template offers a blueprint of a well managed and well-thought-out restaurant management. The stunning F&B industry PowerPoint theme helps you to compile data that is crucial to real-life implementation. From safety management to staff management, you can conveniently edit the restaurant business PPT templates to personalize information. So, hit the download button to get access to the comprehensive restaurant management PowerPoint presentation. https://bit.ly/2WjJS0r
Everything you need to know about Hospitality Revenue Management – and how to select the right solution and/or services for your organization.
Key takeaways from this Guide:
* KEY CONCEPTS
Need-to-know concepts, terminology and emerging trends
* MUST-ASK QUESTIONS
for solution providers and consultants that really matter
* BUYING CONSIDERATIONS & CHECKLISTS
Factors in the purchase decision, plus a framework
for assessing the options
* ROADMAP & RECOMMENDATIONS
Important tips for maximizing the value of your investment
Read the complete guide to know more.
Visit our website: https://rategain.com/
Hotel Management Course - Revenue management Concepts Manish Gupta
This short course will explain the basic fundamentals of hotel's revenue management. Objectives, process and practices. You can subscribe the course at https://goo.gl/ufSuqN or visit our website www.ehotelmanagementschool.com
How To Manage Restaurant Business PowerPoint Presentation SlidesSlideTeam
How To Manage A Restaurant Business PowerPoint Presentation Slides is custom-tailored for hotel and restaurant industry professionals. Our hospitality management PPT theme enables restaurateurs to consolidate business highlights, challenges, opportunities, and solutions. Demonstrate the present firm situation, weekly restaurant sales report, and competitive landscape analysis using our restaurant management PowerPoint template. Illustrate a sound restaurant management system like centralized data management through our food and beverage business PPT slides deck. The hospitality service PowerPoint presentation outlines the vital point of sale aspects such as selecting POS, POS interface, and POS up-gradation system. The extensive layout of this service industry PPT template offers a blueprint of a well managed and well-thought-out restaurant management. The stunning F&B industry PowerPoint theme helps you to compile data that is crucial to real-life implementation. From safety management to staff management, you can conveniently edit the restaurant business PPT templates to personalize information. So, hit the download button to get access to the comprehensive restaurant management PowerPoint presentation. https://bit.ly/2WjJS0r
https://www.udemy.com/hotel-management-food-beverage-and-general-cost-control/?couponCode=INTERNAL
In Hospitality management, F&B and other general Cost are second largest cost in hospitality apart from labour cost.
in this hotel management cost control course you will learn the fundamental processes by which these cost can be controlled.
we will learn various
- PAR Setting process for general inventory
- How to Calculate kitchen food orders
- Butcher Test / Yield Tests
- Bar Spot Checks
- Various other control aspects related to hotel cost controls
This Course is designed for hotel cost controllers, finance staff, department heads to be able to understand how cost for hotels are managed.
After revision of this chapter with the help of the book of the universal Front office Gurus, Michael Kasavana & Richard M. Brooks, I felt this slide needed improvement.
Here it is! Please provide feedback for making it even more useful for all hospitality students...
https://www.udemy.com/hotel-management-food-beverage-and-general-cost-control/?couponCode=INTERNAL
In Hospitality management, F&B and other general Cost are second largest cost in hospitality apart from labour cost.
in this hotel management cost control course you will learn the fundamental processes by which these cost can be controlled.
we will learn various
- PAR Setting process for general inventory
- How to Calculate kitchen food orders
- Butcher Test / Yield Tests
- Bar Spot Checks
- Various other control aspects related to hotel cost controls
This Course is designed for hotel cost controllers, finance staff, department heads to be able to understand how cost for hotels are managed.
After revision of this chapter with the help of the book of the universal Front office Gurus, Michael Kasavana & Richard M. Brooks, I felt this slide needed improvement.
Here it is! Please provide feedback for making it even more useful for all hospitality students...
1.
Prepare and analize the common statement for Anandam Manufacturing Company. Show all
calculations.
2.
Prepare and analize the cash flow statement for Anandam Manufacturing Company. Show all
calculations.
3.
Calculate the ratios based on case Exhibit 3. Show all calculations. Based on financial analysis
of financial statements, would a loan officer grant a loan to Anandam financial company?
EXHIBIT 3: INDUSTRY AVERAGE OF KEY RATIos Sector Average Ratio 2:301 Current
ratio Acid test ratio (quick ratio) 120 Receivable tunover ratioimes turnover 52 days Receivable
days Inventory turmover ratio Inventory days Long-term detttototal debt Debt-to-equity ratio
Gross profit rato Net profit ratio Retun on equity Retum on total assets 4.85 times 75 days 24%
35% 40% 18% 22% 10% Total asset turnover ratio Ti Fixed asset turnover ratio Current asset
tunover ratio3 interest coverage ratio (tmes 10 nterest earned Warking captal smover ratio Retu
on ed sset
Solution
1….Common -size Income statement 2012-13 % to Total sales 2013-14 % to Total sales
2014-15 % to Total sales Analysis of % to Total sales proportion Sales Cash 200 10.00%
480 10.00% 800 10.00% Credit 1800 90.00% 4320 90.00% 7200 90.00% Total Sales 2000
100.00% 4800 100.00% 8000 100.00% COGS 1240 62.00% 2832 59.00% 4800 60.00%
COGS has reduced in the last 2 yrs. Gross profit 760 38.00% 1968 41.00% 3200 40.00% so,
G/P has increased Operating Expenses: Gen.adm.& sell.exp. 80 4.00% 450 9.38% 1000
12.50% % to sales has doubled in 2013-14 & increased by more than 25% in 2014-15
Depreciation 100 5.00% 400 8.33% 660 8.25% Has increased by 3% in the last 2 yrs.
Int.exp.(on borrowings) 60 3.00% 158 3.29% 340 4.25% Has slightly increased in 2014-15
Profit before tax(PBT) 520 26.00% 960 20.00% 1200 15.00% PBT% has reduced gradually in
both the yrs.due to increase in all operating expenses esp.gen admn.& sell exp. Tax at 30% 156
7.80% 288 6.00% 360 4.50% Decrease % due to decrease in profit % Profit after tax(PAT) 364
18.20% 672 14.00% 840 10.50% PAT% has reduced gradually in both the yrs.due to increase in
all operating expenses esp.gen admn.& sell exp. Common-size Balance
Sheet Assets % to Total % to Total % to Total Fixed assets(net of dep) 1900 74.22%
2500 44.64% 4700 51.33% Assets have decreased to the total Current assets Cash & Cash
equivalents 40 1.56% 100 1.79% 106 1.16% Slight variation in ratio to total Accounts
Receivables 300 11.72% 1500 26.79% 2100 22.94% Has increased in 2013-14 & again
decreased in 2014-15 Inventories 320 12.50% 1500 26.79% 2250 24.57% Has increased in
2013-14 & again decreased in 2014-15 Total 2560 100.00% 5600 100.00% 9156 100.00%
Equity & Liabilities Equity share capital($ 10) 1200 46.88% 1600 28.57% 2000 21.84%
Decreased steadily in all the 2 yrs. Reserves & surplus 364 14.22% 1036 18.50% 1876 20.49%
Increased steadily in both 2 yrs.due to increase in $ net income in those yrs. Long-term
borrowings 736 28.75% 1236 22.07% 2500 27.30% Decreased in 2013-14 & again increased i.
Income statement Functional Format,Linear cost Function,Method of Analyzing cost,Comparison of variable costing , unit cost computation, Illustration of variable costing , evaluation of results. Managerial Accounting
This deck consists of total of twenty slides. It has PPT slides highlighting important topics of Budget Variance Analysis Powerpoint Presentation Slides. This deck comprises of amazing visuals with thoroughly researched content. Each template is well crafted and designed by our PowerPoint experts. Our designers have included all the necessary PowerPoint layouts in this deck. From icons to graphs, this PPT deck has it all. The best part is that these templates are easily customizable. Just click the DOWNLOAD button shown below. Edit the colour, text, font size, add or delete the content as per the requirement. Download this deck now and engage your audience with this ready made presentation.
In 2018, I sold a two-unit restaurant concept called Big Buns to the largest minority-owned contract food service company in the United States. The first location was delivered to me as a cold dark shell in a poorly located nine-story office building with a parking garage below. If you are ever considering putting a restaurant in a retail location that matches this description, please walk away now. The tenant improvement package was sizable, but ended up being insignificant after retrofitting a poorly planned retail space in a brand-new building with a restaurant. This project ended up costing roughly $425 a square foot to build-out – an $868k investment spread out over 2,042 square feet.
an analysis Project for Edta Financial Statements From (2016:2019) and Comparing to Peers (Domty & Obourland) This analysis was a part of Accounting for Managers Subject in My Study For MBA
Financial statement analysis (or financial analysis) is the process of reviewing and analyzing a company's financial statements. These statements include the Income Statement, Balance Sheet, and Statement of Cash Flows. Financial statement analysis is a method or process involving specific techniques for evaluating risks, financial health, and future prospects of an organization. It is used by investors, stakeholders, the public, and decisionmakers within the organization. Popular methods of financial statement analysis include horizontal and vertical analysis and the use of financial ratios.
Similar to Ms G's Guide to the Restaurant Income Statement (20)
Essentials of Automations: Optimizing FME Workflows with ParametersSafe Software
Are you looking to streamline your workflows and boost your projects’ efficiency? Do you find yourself searching for ways to add flexibility and control over your FME workflows? If so, you’re in the right place.
Join us for an insightful dive into the world of FME parameters, a critical element in optimizing workflow efficiency. This webinar marks the beginning of our three-part “Essentials of Automation” series. This first webinar is designed to equip you with the knowledge and skills to utilize parameters effectively: enhancing the flexibility, maintainability, and user control of your FME projects.
Here’s what you’ll gain:
- Essentials of FME Parameters: Understand the pivotal role of parameters, including Reader/Writer, Transformer, User, and FME Flow categories. Discover how they are the key to unlocking automation and optimization within your workflows.
- Practical Applications in FME Form: Delve into key user parameter types including choice, connections, and file URLs. Allow users to control how a workflow runs, making your workflows more reusable. Learn to import values and deliver the best user experience for your workflows while enhancing accuracy.
- Optimization Strategies in FME Flow: Explore the creation and strategic deployment of parameters in FME Flow, including the use of deployment and geometry parameters, to maximize workflow efficiency.
- Pro Tips for Success: Gain insights on parameterizing connections and leveraging new features like Conditional Visibility for clarity and simplicity.
We’ll wrap up with a glimpse into future webinars, followed by a Q&A session to address your specific questions surrounding this topic.
Don’t miss this opportunity to elevate your FME expertise and drive your projects to new heights of efficiency.
Neuro-symbolic is not enough, we need neuro-*semantic*Frank van Harmelen
Neuro-symbolic (NeSy) AI is on the rise. However, simply machine learning on just any symbolic structure is not sufficient to really harvest the gains of NeSy. These will only be gained when the symbolic structures have an actual semantics. I give an operational definition of semantics as “predictable inference”.
All of this illustrated with link prediction over knowledge graphs, but the argument is general.
Encryption in Microsoft 365 - ExpertsLive Netherlands 2024Albert Hoitingh
In this session I delve into the encryption technology used in Microsoft 365 and Microsoft Purview. Including the concepts of Customer Key and Double Key Encryption.
State of ICS and IoT Cyber Threat Landscape Report 2024 previewPrayukth K V
The IoT and OT threat landscape report has been prepared by the Threat Research Team at Sectrio using data from Sectrio, cyber threat intelligence farming facilities spread across over 85 cities around the world. In addition, Sectrio also runs AI-based advanced threat and payload engagement facilities that serve as sinks to attract and engage sophisticated threat actors, and newer malware including new variants and latent threats that are at an earlier stage of development.
The latest edition of the OT/ICS and IoT security Threat Landscape Report 2024 also covers:
State of global ICS asset and network exposure
Sectoral targets and attacks as well as the cost of ransom
Global APT activity, AI usage, actor and tactic profiles, and implications
Rise in volumes of AI-powered cyberattacks
Major cyber events in 2024
Malware and malicious payload trends
Cyberattack types and targets
Vulnerability exploit attempts on CVEs
Attacks on counties – USA
Expansion of bot farms – how, where, and why
In-depth analysis of the cyber threat landscape across North America, South America, Europe, APAC, and the Middle East
Why are attacks on smart factories rising?
Cyber risk predictions
Axis of attacks – Europe
Systemic attacks in the Middle East
Download the full report from here:
https://sectrio.com/resources/ot-threat-landscape-reports/sectrio-releases-ot-ics-and-iot-security-threat-landscape-report-2024/
Key Trends Shaping the Future of Infrastructure.pdfCheryl Hung
Keynote at DIGIT West Expo, Glasgow on 29 May 2024.
Cheryl Hung, ochery.com
Sr Director, Infrastructure Ecosystem, Arm.
The key trends across hardware, cloud and open-source; exploring how these areas are likely to mature and develop over the short and long-term, and then considering how organisations can position themselves to adapt and thrive.
GraphRAG is All You need? LLM & Knowledge GraphGuy Korland
Guy Korland, CEO and Co-founder of FalkorDB, will review two articles on the integration of language models with knowledge graphs.
1. Unifying Large Language Models and Knowledge Graphs: A Roadmap.
https://arxiv.org/abs/2306.08302
2. Microsoft Research's GraphRAG paper and a review paper on various uses of knowledge graphs:
https://www.microsoft.com/en-us/research/blog/graphrag-unlocking-llm-discovery-on-narrative-private-data/
Epistemic Interaction - tuning interfaces to provide information for AI supportAlan Dix
Paper presented at SYNERGY workshop at AVI 2024, Genoa, Italy. 3rd June 2024
https://alandix.com/academic/papers/synergy2024-epistemic/
As machine learning integrates deeper into human-computer interactions, the concept of epistemic interaction emerges, aiming to refine these interactions to enhance system adaptability. This approach encourages minor, intentional adjustments in user behaviour to enrich the data available for system learning. This paper introduces epistemic interaction within the context of human-system communication, illustrating how deliberate interaction design can improve system understanding and adaptation. Through concrete examples, we demonstrate the potential of epistemic interaction to significantly advance human-computer interaction by leveraging intuitive human communication strategies to inform system design and functionality, offering a novel pathway for enriching user-system engagements.
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered QualityInflectra
In this insightful webinar, Inflectra explores how artificial intelligence (AI) is transforming software development and testing. Discover how AI-powered tools are revolutionizing every stage of the software development lifecycle (SDLC), from design and prototyping to testing, deployment, and monitoring.
Learn about:
• The Future of Testing: How AI is shifting testing towards verification, analysis, and higher-level skills, while reducing repetitive tasks.
• Test Automation: How AI-powered test case generation, optimization, and self-healing tests are making testing more efficient and effective.
• Visual Testing: Explore the emerging capabilities of AI in visual testing and how it's set to revolutionize UI verification.
• Inflectra's AI Solutions: See demonstrations of Inflectra's cutting-edge AI tools like the ChatGPT plugin and Azure Open AI platform, designed to streamline your testing process.
Whether you're a developer, tester, or QA professional, this webinar will give you valuable insights into how AI is shaping the future of software delivery.
Connector Corner: Automate dynamic content and events by pushing a buttonDianaGray10
Here is something new! In our next Connector Corner webinar, we will demonstrate how you can use a single workflow to:
Create a campaign using Mailchimp with merge tags/fields
Send an interactive Slack channel message (using buttons)
Have the message received by managers and peers along with a test email for review
But there’s more:
In a second workflow supporting the same use case, you’ll see:
Your campaign sent to target colleagues for approval
If the “Approve” button is clicked, a Jira/Zendesk ticket is created for the marketing design team
But—if the “Reject” button is pushed, colleagues will be alerted via Slack message
Join us to learn more about this new, human-in-the-loop capability, brought to you by Integration Service connectors.
And...
Speakers:
Akshay Agnihotri, Product Manager
Charlie Greenberg, Host
2. Connecticut School of Hospitality
Stowe Room Café
Statement of Income
For the Month Ending October 31, 20XX
Sales AMOUNT %
Food sales 325,658.00 76.44%
Beverage sales
Total Sales 426,023.00 100.00%
To Calculate Beverage Sales: Total Sales - Food Sales
426023.00 - 325658.00 = 100365.00
To Calculate Beverage Sales %: Beverage Sales/ Total Sales
100365.00 / 426023.00 = .2355858
(Round to two decimal places) 23.56%
3. Stowe Room Café
Statement of Income
For the Month Ending October 31, 20XX
Sales AMOUNT %
Food sales 325,658.00 76.44%
Beverage sales 100,365.00 23.56%
Total Sales 426,023.00 100.00%
To Calculate Beverage Sales: Total Sales - Food Sales
426023.00 - 325658.00 = 100365.00
To Calculate Beverage Sales %: Beverage Sales/ Total Sales
100365.00 / 426023.00 = .2355858
(Round to two decimal places) 23.56%
4. Cost of Goods Sold
Cost of food sold 38.00%
Cost of beverage sold 21,076.65
Total Cost of Goods Sold
Cost of Food Sold is 38% of Food Sales
325658.00 x .38 = 123750.04
Cost of Beverage Sold / Beverage Sales gives %
21076.65 / 100365.00 = .21 or 21%
Total Cost of Goods Sold =
Cost of Food Sold + Cost of Beverage Sold
123750.04 + 21076.65 = 144826.69
5. Cost of Goods Sold
Cost of food sold 123,750.04 38.00%
Cost of beverage sold 21,076.65 21.00%
Total Cost of Goods Sold 144,826.69 34.00%
Cost of Food Sold is 38% of Food Sales
325658.00 x .38 = 123750.04
Cost of Beverage Sold / Beverage Sales gives %
21076.65 / 100365.00 = .21 or 21%
Total Cost of Goods Sold =
Cost of Food Sold + Cost of Beverage Sold
123750.04 + 21076.65 = 144826.69
Total Cost of Goods Sold / Total Sales = %
144826.69 / 426023.00 = .3399504 or 34%
6. AMOUNT %
Sales
Food sales 325,658.00 76.44%
Beverage sales 100,365.00 23.56%
Total Sales 426,023.00 100.00%
Cost of Goods Sold
Cost of food sold 123,750.04 38.00%
Cost of beverage sold 21,076.65 21.00%
Total Cost of Goods Sold 144,826.69 34.00%
Gross Profit 281,196.31 66.00%
Gross Profit = Total Sales - Total Cost of Goods Sold
Gross Profit : 426023.00 - 144826.69 = 281196.31
Gross Profit % : Gross Profit / Total Sales
281196.31 / 426023 = .6600495 or 66%
7. OPERATING EXPENSES
Salary & wages 125,500.00
Employee benefits 31,375.00
Direct operating expenses 6,800.00
Marketing 15,000.00
Administrative & general expenses 7,412.00
Repairs & maintenance 2,850.00
Utilities 12,200.00
Total Operating Expenses
To Calculate the % of each Operating Expense
Divide the Operating Expense by the Total Sales
Example: Salary & Wages 125500.00 / 426023.00 = .294585 or 29.46%
Add all Operating Expenses to get Total Operating Expenses
8. OPERATING EXPENSES
Salary & wages 125,500.00 29.46%
Employee benefits 31,375.00 7.36%
Direct operating expenses 6,800.00 1.60%
Marketing 15,000.00 3.52%
Administrative & general expenses 7,412.00 1.74%
Repairs & maintenance 2,850.00 0.67%
Utilities 12,200.00 2.86%
Total Operating Expenses 201,137.00 47.21%
To Calculate the % of each Operating Expense
Divide the Operating Expense by the Total Sales
Example: Salary & Wages 125500.00 / 426023.00 = .294585 or 29.46%
Add all Operating Expenses to get Total Operating Expenses
9. Fixed Expenses
Rent 32,500.00
Interest
Depreciation 10,500.00
Total Fixed Expenses 54,000.00
To Calculate Interest: Total Fixed Expenses - Rent - Depreciation
54000.00 - 32500.00 - 10500.00 = 11000.00
To Calculate % : The Fixed Expense / Total Sales
Example: 32500.00 / 426023.00 = .0762869 or 7.63%
10. Fixed Expenses
Rent 32,500.00 7.63%
Interest 11,000.00 2.58%
Depreciation 10,500.00 2.46%
Total Fixed Expenses 54,000.00 12.68%
To Calculate Interest: Total Fixed Expenses - Rent - Depreciation
54000.00 - 32500.00 - 10500.00 = 11000.00
To Calculate % : The Fixed Expense / Total Sales
Example: 32500.00 / 426023.00 = .0762869 or 7.63%
11. Operating Income Before Taxes 26,059.31 6.12%
Income Taxes (27%)
To Calculate Income Tax: 27% of Income Before Taxes
26059.31 x .27 = 7036.01
To Calculate Income Tax %: Income Tax / Total Sales
7036.01 / 426023.00 = .0165155 or 1.65%
Net Income/Loss
To Calculate Net Income or Loss:
Total Sales - Total Cost of Goods Sold - Total Operating Expenses - Income T
426023.00 - 144826.69 - 201137.00 - 7036.01 = 19023.30
To Calculate Net Income or Loss %
19023.30 / 426023.00 = .0446532 or 4.47%
12. Operating Income Before Taxes 26,059.31 6.12%
Income Taxes (27%) 7,036.01 1.65%
To Calculate Income Tax: 27% of Income Before Taxes
26059.31 x .27 = 7036.01
To Calculate Income Tax %: Income Tax / Total Sales
7036.01 / 426023.00 = .0165155 or 1.65%
Net Income/Loss 19,023.30 4.47%
To Calculate Net Income or Loss:
Total Sales - Total Cost of Goods Sold - Total Operating Expenses - Income T
426023.00 - 144826.69 - 201137.00 - 7036.01 = 19023.30
To Calculate Net Income or Loss %
19023.30 / 426023.00 = .0446532 or 4.47%