finance for non-financials leadership skills. what are the financial statements ?
TRANSCRIPT
Funds flow StatementCarefully mid the coming three cases
There is cash surplus .
( Cash in is more than cash out ). There is cash shortage . ( Cash in is less than cash out ) . There is cash balance . (Cash in equals cash out ) .
The food cycle
1. Purchasing .2. Receiving .3. Storing .4. Issuing .5. Pre-preparation .6. Preparation .7. Service .8. Sales
Inventory CalculationsConsumption = Beginning - Ending
Inventory
1.Inventory value based on FIFO .
2.Inventory value based on LIFO .
3.Inventory v. based on MOVING AVERAGE .
Menu Mix Analysis
Menu Mix Sales ( MM % ) .
Contribution of the Menu ( CM % ) .
Average Contribution Margin ( ACM ) .