Repeat the exercise from Key Concept Questions for this chapter using accounting software. Then run the following
Question:
Repeat the exercise from Key Concept Questions for this chapter using accounting software. Then run the following what-if scenarios and create graphs or other visuals showing how each would affect the business’s monthly and yearly financial picture:
• What if the restaurant finds a supplier that is willing to provide paper for only $8,000 in June and $96,000 for the year?
• What if sales for June were $250,000 and sales for the year were
$2,000,000? (Do not forget the taxes, assumed at 25 percent.)
• 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 And Small Business Management
ISBN: 9781292078670,9780133801248
2nd Edition
Authors: Steve Mariotti , Caroline Glackin
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