Matakuliah
Tahun
: V0282 - Manajemen Akuntansi Hotel
: 2009 - 2010
PERTEMUAN 3
Chapter 3
The Income Statement
Nicole Englezakis manages a South African restaurant in a
large southern city. The owner wants to know how well
Nicole did this year at generating sales controlling expenses,
and providing a profit. Complete Nicole’s P&L using vertical
analysis.
Bina Nusantara University
3
Nicole's P&L
Last Year ($)
SALES
Food
Beverage
Total Sales
COST OF SALES
Food
Beverage
Total Cost of Sales
GROSS PROFIT
Food
Beverage
Total Gross Profit
OPERATING EXPENSES
Salaries and wages
Employee Benefits
Direct Operating Expenses
Music and Entertainment
Marketing
Utility Services
Reoair and Maintenance
Administrative and General
Occupancy
Depreciation
Total Operating Expenses
OPERATING INCOME
Interest
INCOME BEFORE INCOME TAXES
Income taxes
NET INCOME
%
This year ($)
3,708,381
3,746,245
1,255,358
1,282,656
145,607
1,611,630
162,231
2,423,725
501,948
2,134,615
1,093,127
1,230,910
190,394
234,670
4,427
84,126
141,688
66,416
128,403
230,400
79,699
1,256,779
196,790
235,571
13,418
111,813
156,538
62,616
125,230
211,200
98,397
166,560
149
147,192
245.194
%
a. When comparing this year to last, was Nichole’s marketing
expense in dollars higher or lower?
b. Was Nicole’s marketing expense % higher or lower this
year?
c. Do you think that her marketing expense this year positively
or negatively contributed to her revenues? Why?
d. When comparing this year to last year, was Nicole’s salaries
and wages expense in dollars higher or lower?
e. Was Nicole’s salaries and wages expense % higher or lower
this year?
f. Do you think that salaries and wages expense this year
positively or negatively contributed to her net income? Why?
g. The owner promised Nicole that he would give her a raise if
she increased profit margin by at least 2%. Should Nicole
receive a raise? Why or why not?