In February, a restaurant had a beginning inventory of $85,000, made purchases of $235,000 and...
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Accounting
In February, a restaurant had a beginning inventory of $85,000, made purchases of $235,000 and had an ending inventory of $70,000. Employee meal costs for the month were $12,000. Food revenue for the month of February was $800,000. What was the restaurant's food cost percentage for the month of February? 31.25% O 29.75% 0 32.75% O 38.50% Question 14 2 pts Financial ratios do NOT measure, or assess, a company's current assets. intellectual capital assets. capital investments, return on equity Which is NOT an example of an intellectual capital asset? Recipe files Customer lists Illuminated electronic signs. Supplier discount contracts
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