1. Repeat the exercise from Key Concept Questions using accounting software. Then run the following what-if scenarios...
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1. Repeat the exercise from Key Concept Questions using accounting software. Then run the following what-if scenarios and create graphs or other visuals showing how each scenario would affect the business’s monthly and yearly financial picture:
a. What if the restaurant finds a paper supplier that is willing to supply paper for only $8,000 in June and $96,000 for the year?
b. What if sales for June were $250,000 and sales for the year were $2,000,000?
c. What if the owner of this franchise faced start-up costs of $400,000 instead of $300,000? How would that affect the ROI?
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Related Book For
Entrepreneurship & Small Business Management
ISBN: 978-0133767186
2nd edition
Authors: Steve Mariotti, Caroline Glackin
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