Kathy, the general manager, was shocked to discover that the thief in her successful seafood restaurant was Dan. her own dining room super/visor. Dan had used his detailed knowledge of weaknesses in the POS data monitoring system Kathy had designed to void legitimate sales after the fact and thus defraud the restaurant out of an average of $800.00 in revenue per day. every day. for the past six months. When finally confronted. Dan confessed to the thefts, citing a gambling problem as the reason for his actions. The information below details Kathy’s reported revenue, food cost, labor cost, other costs, and profit for the past 180 days. Calculate the potential financial performance in dollars and percentages her restaurant would have achieved had it not been for Dan’s actions. (Spreadsheet Food Cost. Labor Cost, and Other Costs will be the same for Actual $ and Potential $.) How much profit in dollars did Kathy lose because of Dan’s fraudulent activities (difference between potential and actual)? How much profit percent did Kathy lose because of Dan’s fraudulent activities (difference between potential and actual)? List three things that Kathy could have done to minimize the potential for Dan’s illegal activity.Show transcribed image text Kathy, the general manager, was shocked to discover that the thief in her successful seafood restaurant was Dan. her own dining room super/visor. Dan had used his detailed knowledge of weaknesses in the POS data monitoring system Kathy had designed to void legitimate sales after the fact and thus defraud the restaurant out of an average of $800.00 in revenue per day. every day. for the past six months. When finally confronted. Dan confessed to the thefts, citing a gambling problem as the reason for his actions. The information below details Kathy’s reported revenue, food cost, labor cost, other costs, and profit for the past 180 days. Calculate the potential financial performance in dollars and percentages her restaurant would have achieved had it not been for Dan’s actions. (Spreadsheet Food Cost. Labor Cost, and Other Costs will be the same for Actual $ and Potential $.) How much profit in dollars did Kathy lose because of Dan’s fraudulent activities (difference between potential and actual)? How much profit percent did Kathy lose because of Dan’s fraudulent activities (difference between potential and actual)? List three things that Kathy could have done to minimize the potential for Dan’s illegal activity.
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