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Do a vertical analysis of this income statement Midlands Restaurant Income Statement, First Quarter ended on...

Do a vertical analysis of this income statement

Midlands Restaurant
Income Statement, First Quarter ended on March 31, 2014
Sales Revenue
   Grill Room 183200
   Coffee Garden 82900
   Banquets 294400 560500
Net Food Costs 224200
Gross Profit 336300
Operating Expenses
   Salaries and Wages 176400
   Employee Meals 18200
   Supplies 10300
   Glass and Tableware 4300
   Laundry and Linen 13500
   License 2400
   Printing 4900
   Miscellaneous 8200
Total Operating Expenses 238200
Net Operating Income 98100
Other Income 800
Net Income 98900
Business   Accounting   
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