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Read and understand the restaurant balance sheet and profit and loss statement and their interaction.
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Identify problem areas on the profit and loss statement.
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Able to calculate the significant restaurant financial ratios.
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Become familiar with the typical restaurant financial statement and the meaning of the various numbers.
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Recognize the importance of prime cost.
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Understand basic depreciation.
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Calculate the additional sales required to create a desired profit.
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Become familiar with bar management with a emphasis on inventory controls.