Restaurant Income Statement
This income statement provides a detailed view of the financial performance of [Your Company Name] for the fiscal period ending [Month Day, Year]. It includes revenue generated from major income streams and a comprehensive breakdown of expenses to present the net income for the period.
I. Revenue
The following table outlines the primary sources of revenue for the given period:
Description | Amount |
|---|
Food Sales | $30,000 |
Beverage Sales | $10,000 |
Other Income | $2,000 |
Total Revenue | $42,000 |
II. Cost of Goods Sold (COGS)
The table below shows the direct costs associated with the production of the restaurant's goods:
Description | Amount |
|---|
Food Ingredients | $12,000 |
Beverage Ingredients | $4,000 |
Packaging | $1,000 |
Total COGS | $17,000 |
III. Gross Profit
The table below showcases the gross profit of the restaurant for the specified period:
Description | Amount |
|---|
Total Revenue | $42,000 |
Total COGS | $17,000 |
Gross Profit | $25,000 |
IV. Operating Expenses
The table below details the operating expenses incurred during the given period:
Description | Amount |
|---|
Salaries and Wages | $8,000 |
Rent | $3,000 |
Utilities | $1,200 |
Marketing and Advertising | $1,000 |
Miscellaneous Expenses | $1,800 |
Total Operating Expenses | $15,000 |
V. Net Income
The following table presents the net income derived from the Total Operating Expenses from the Gross Profit:
Description | Amount |
|---|
Gross Profit | $25,000 |
Total Operating Expenses | $15,000 |
Net Income | $10,000 |
VI. Conclusion
This concludes the Income Statement for [Your Company Name] for the period ending on [Month Day, Year] with a net income of [$10,000]. This income statement reflects the financial health of the restaurant for the specified period, providing a detailed breakdown of revenues, expenses, and net income. For any inquiries or further information, please contact [Your Name] at [Your Email].
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