As PureAssignment official, we help students from all around the world with their Excel projects. Module 5 SAM Textbook project is only one of them! If you need help with a similar project, Click HERE to opt to our Excel homework help webpage.
To consolidate profit and loss statements from Region 5 (Illinois and Iowa) Tibetan Grill franchises into a single summary report and to compare each store’s profit and loss statement against industry benchmarks.
Terms Related with Tibetan Grill Assignment Help
| Term | Definition |
| Total Sales | Total Sales measures the income from the sale of food and beverage menu items at the franchise. |
| Cost of Goods Sold (COGS) | Cost of Goods Sold measures the raw material cost for food and beverage; increasing as sales volume increases. |
| Payroll Costs | Payroll Costs measures the cost of salaries, wages, employee benefits, and payroll taxes. |
| Prime Costs | Prime Costs measures the sum of COGS and Payroll Costs and is considered the largest area of expenditure for the franchise with typically about 2/3rds of expenses coming from Prime Costs. |
| Operating Costs | Operating Costs measures the expenses required for franchise operation not directly related to COGS and Payroll Costs. |
| Controllable Profit | Controllable Profit is profit considering only those expense factors under the franchise’s direct control (Prime Costs and Operating Costs). |
| Occupancy Costs | Occupancy Costs are expenses directly related to occupancy of the franchise space, including rent, property taxes, and insurance. |
| Interest | Interest measures the amount paid in interest of loans to fund the purchase and operation of the franchise; it does not include payments made to pay off the principal of any loan. |
| Depreciation | Depreciation measures the amount by which the franchise’s material assets (cooking equipment, seating space, infrastructure) decline in value. |
| Pretax Profit | Pretax Profit is the restaurant profit, calculated by subtracting Prime Costs, Operating Expenses, Occupancy Costs, Interest, and Depreciation from Total Sales. Successfully-run franchises should show a Pretax Profit of at least 4% of their Total Sales. |
Where to start to get The Best Excel Homework Help Service?
Choose PureAssignment for reliable, secure, and high-accuracy online Excel help services that guarantee your academic success. If you need help with a similar project, Click HERE to opt to our Excel homework help webpage.
Hi,
My name is Engin. I am the founder of pureassignment, a traveller, fitness lover and a cat person.