Reference no: EM132537198
Dennison owns a food truck that sells breakfast sandwiches? Prepare both weekly and monthly profit formulas so that Dennison has a good idea about his current profit situation.
Week1: Revenue $535.34; Expenses $1,258.75; Profit / Loss = _________
Week 2: Revenue $2,276.45; Expenses $3,687.54; Profit/Loss = _________
Week 3: Revenue $4,678.91; Expenses $2,563.87; Profit/Loss = ________
Week 4: Revenue $1,975.23; Expenses $2,478.95; Profit/Loss = _________
Question 1: What is the Month's Total Revenue?
Question 2: What is the Month's Total Expenses?
Question 3: What is the Month's Profit/Loss?
Question 4: Did Dennison exceed his Profit goal of $3000 for the month?
Question 5: What recommendations could you give Dennison to improve his business's bottom line?