In this chapter you learned that a P&L statement is used to report revenue, expense and profit. In many cases, noncommercial foodservice operators such as those responsible for schools, colleges and universities, health care facilities including retirement complexes and nursing homes, as well as hospitals are severely restricted in their ability to increase their revenues. This is so because the operating budgets of many such facilities are fixed annually based upon the number of meals estimated to be served. Also, such facilities do not seek to earn a “profit” in the traditional sense of the word. In these noncommercial operations, however, the preparation and thoughtful analysis of monthly P&Ls is considered essential. Why do you believe this is so?