Financial Statement Gymnastics Part III

When comparing labor costs, "the devil is in the details."

This is the third in a series of articles looking at financial statements from the perspective of someone who has been asked to explain why one or more industry "benchmark’’ numbers are so much better or worse than those at his or her own operation. This month’s focus is on labor costs which, like food, may be initially considered somewhat straightforward. But on closer exam

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TAGS: Operations
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