Analysis

Vertical analysis is also called:

• Comparative Analysis

• Continued Analysis

• Common Size Analysis

• None of the answers are correct

To conduct a vertical analysis, you need two sets of data

• True

• False

Horizontal Analysis is also referred to as comparative analysis

• True

• False

In 2023, sales in January were $50,000. In January of 2024, sales were $55,000. What is the percentage change?

• 9%

• (9%)

• 10%

• (10%)

Cost of goods sold include?

• Food

• Beverage

• Food and Beverage

• Food, Beverage and Labour

Employee meals are considered part of the food cost calculation

• True

• False

Prime costs include:

• Food

• Food and Beverage

• Beverage and Labour

• Food, Beverage, and Labour

If the cost to produce a hamburger and fries is $2.25 and I want to have a 30% food cost, what is the price I should sell the burger and fries for?

• $5

• $3

• $7.50

• $9.50

In a hotel, linens and housekeeping supplies have an impact on operating costs

• True

• False