Find the best answers to your questions with the help of IDNLearn.com's expert contributors. Our experts are available to provide in-depth and trustworthy answers to any questions you may have.
Sagot :
Let's analyze the results of the restaurant's actual revenue and actual costs step-by-step:
1. Find the Actual Revenue:
The actual revenue is given in the table as "Total Sales (Revenue)".
[tex]\[ \text{Actual Revenue} = \$25,178 \][/tex]
2. Find the Actual Costs:
The actual costs are given in the table as "Total Costs".
[tex]\[ \text{Actual Costs} = \$29,184 \][/tex]
3. Calculate the Difference between Actual Revenue and Actual Costs:
To determine the difference, subtract the actual costs from the actual revenue.
[tex]\[ \text{Revenue Difference} = \text{Actual Revenue} - \text{Actual Costs} \][/tex]
[tex]\[ \text{Revenue Difference} = \$25,178 - \$29,184 = -\$4,006 \][/tex]
4. Interpret the Result:
The result of [tex]\(-\$4,006\)[/tex] indicates that the restaurant's actual costs exceeded the actual revenue by \[tex]$4,006. Thus, the restaurant had a deficit, with its actual revenue being \$[/tex]4,006 less than its actual costs.
1. Find the Actual Revenue:
The actual revenue is given in the table as "Total Sales (Revenue)".
[tex]\[ \text{Actual Revenue} = \$25,178 \][/tex]
2. Find the Actual Costs:
The actual costs are given in the table as "Total Costs".
[tex]\[ \text{Actual Costs} = \$29,184 \][/tex]
3. Calculate the Difference between Actual Revenue and Actual Costs:
To determine the difference, subtract the actual costs from the actual revenue.
[tex]\[ \text{Revenue Difference} = \text{Actual Revenue} - \text{Actual Costs} \][/tex]
[tex]\[ \text{Revenue Difference} = \$25,178 - \$29,184 = -\$4,006 \][/tex]
4. Interpret the Result:
The result of [tex]\(-\$4,006\)[/tex] indicates that the restaurant's actual costs exceeded the actual revenue by \[tex]$4,006. Thus, the restaurant had a deficit, with its actual revenue being \$[/tex]4,006 less than its actual costs.
Thank you for contributing to our discussion. Don't forget to check back for new answers. Keep asking, answering, and sharing useful information. IDNLearn.com is your go-to source for accurate answers. Thanks for stopping by, and come back for more helpful information.