Income statements provide a snapshot of a business' profit and loss. Examine the financial situation on the monthly income statement for Aline's Cafe´ in your textbook and discuss how this restaurant is doing financially.
Financial ratios provide an excellent window into a company's financial health. Select two financial ratios used in the hospitality industry and practice calculating these ratios with sample data in the "Ratio" in any textbook.
Compare and contrast the four different budgets outlined in your textbook (Sales Budget, Food and Beverage Cost Budgets, Labor Cost Budget, and Cash Budget).
Controlling costs is very important to the profitability of a business. Develop a brief training presentation to educate restaurant employees on the importance of controlling costs.