Solution-Prepare common size analysis of cullumber income

Prepare common size analysis of cullumber income statement

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Reference no: EM132761833

Question - Cullumber burgers operates and franchises fat food restauarants specializing in grilled hamburgers and chicken sandwiches. The 2018 and 2019 income statements are as follows (in $000s):

	Year ended December 31, 2019	Year ended December 31, 2018
Total Revenues	$36,000	$37,000
Expenses
Cost of restaurant sales	9,360	10,915
Restaurant operating expenses	14,256	14,689
General and Administrative	5,292	5,106
Advertising	1,908	2,368
Depreciation and amortization	1,440	1,776
Impairment of long lived assets	720	0
Total expenses	32,976	34,854
Operating income	$3,024	$2,416

Required - Prepare a common size analysis of this section of cullumber burgers income statement.

Reference no: EM132761833

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Prepare common size analysis of cullumber income statement : The 2018 and 2019 income statements are as follows (in $000s): Prepare a common size analysis of this section of cullumber burgers income statement

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Prepare common size analysis of cullumber income statement

Reference no: EM132761833

Reference no: EM132761833

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