1. Repeat the exercise from Key Concept Questions using accounting software. Then run the following what-if scenarios...

Question:

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?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Entrepreneurship & Small Business Management

ISBN: 978-0133767186

2nd edition

Authors: Steve Mariotti, Caroline Glackin

Question Posted: