Accounting/Finance

Part A - Sizing up Your Firm

https://s2.q4cdn.com/922937207/files/doc_financials/2019/09/Five-Year-Summary.pdf

The Darden family of restaurants features some of the most recognizable and successful brands in full-service dining: Olive Garden®, LongHorn Steakhouse®, Cheddar's Scratch Kitchen®, Yard House®, The Capital Grille®, Seasons 52®, Bahama Breeze® and Eddie V's®.

(i) Analyze your firm’s 3-year financial performance using common sized statements

2017 Common Size (In millions)

Darden	Income Statement	Common Size
Sales Revenue	7,170.2	100%
COGS	6,492.70	91%
Gross Profit	637.3	88%
Operating Profit	677.5	94%
Net Income	479.1	67%

(ii) Analyze your firm’s 3-year financial performance using ratio analysis