If the owner of this fast-food restaurant invested $300,000 in start-up costs, what was his ROI for

Question:

If the owner of this fast-food restaurant invested $300,000 in start-up costs, what was his ROI for the year? (Assume June as average.)

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

Step by Step Answer:

Related Book For book-img-for-question

Entrepreneurship Starting and Operating A Small Business

ISBN: 978-0133935608

4th edition

Authors: Steve Mariotti, Caroline Glackin

See More Books

Question Posted: May 25, 2018 02:18 AM

See More Questions

Refer to the data given in the preceding problem. The owner of Waco Waffle House will consider capital projects only if they have a payback period of six years or less. The owner also favors projects...
The owner of Peter's Pancake House is considering an expansion of the business. He has identified two alternatives, as follows: Build a new restaurant near a large suburban shopping centre. Buy and...
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...
SG Company acquired 80% of Popsters Company on January 1, 2019, when the stockholders equity of Popsters consisted of: Ordinary shares, P100 par P500,000 Paid in capital in excess of par 400,000...
How many members thought that the priority should be clean air only? The 100 members of the Earth Club were asked what they felt the club's priorities should be in the coming year: clean water, clean...
Why is the three-phase power system universally adopted over a single-phase ac power system?
Consider Toshibas laptop computer division. In terms of the marketing program elements, what attributes of laptop computers does the firm need to adapt and which attributes can it standardize for...
Logan White is general manager of Valuepoint Salons. During 2018, White worked for the company all year at a $13,600 monthly salary. He also earned a year-end bonus equal to 15% of his annual salary....
On January 1, 2021, Ithaca Corp. purchases Cortland Inc. bonds that have a face value of $160,000. The Cortland bonds have a stated interest rate of 5%. Interest is paid semiannually on June 30 and...
The University of Mellencamp is a private, non-profit academic institution. There are 4 colleges located in the institution. It is located in Northern Luzerne County and sunny state of Pennsylvania....
State the financial equation for the balance sheet in three different ways.
Use the following balance sheet to answer the questions: Jean Ms Florida-Style Subs, Inc.: Balance Sheet Ending December 31 As you can see, total liabilities and owners equity equal the total assets....
Huss has signed a lease agreement with Jing Leasing Co. on January 1, 2019. The equipment being signed has an estimated life of five years, and the lease term is for 5 years. During the period of the...
The following information pertains to Porter Company for 2011. Ending inventory consisted of 30 units. Porter sold 320 units at $\$ 30$ each. All purchases and sales were made with cash. Required...
In Problems 7780, use a numerical integration routine on a graphing calculator to find the area bounded by the graphs of the indicated equations over the given interval (when stated). Compute answers...
Solar Heating, Inc., had the following transactions for 2011: Required a. Determine the quantity and dollar amount of inventory at the end of the year, assuming Solar Heating Inc. uses the FIFO cost...
Hogan Business Systems has a small number of sales on account but is mostly a cash business. Consequently, it uses the direct write-off method to account for uncollectible accounts. During 2011 Hogan...
Bourret Inc. experienced the following events for the first two years of its operations. 2011: 1. Provided $\$ 60,000$ of services on account. 2. Provided $\$ 25,000$ of services and received...
In Exercises 3542, describe and sketch the surface given by the function. z = x + y
Why should you not model a decision variable as a random variable with a probability distribution?
1. What are the advantages and disadvantages of Wahoos Fish Tacos slow growth philosophy of franchise expansion? 2. Spend some time looking at Wahoos Fish Tacos Web site, focusing particularly on its...
1. To what degree do you think Quiznos brand has been permanently damaged by its missteps? Is Quiznos doing everything it can to repair its brand? What, if anything, would you do differently to...
1. The following sentence appears early in this chapter: There are three reasons that most entrepreneurial ventures need to raise money during their early life: cash flow challenges, capital...
You are evaluating a new project for the firm you work for, a publicly listed firm. The firm typically finances new projects using the same mix of financing as in its capital structure, but this...
state, "The subscription price during a rights offering is normally r; lower ; lower r; higher er; higher than the rights-on price and
Arnold inc. is considering a proposal to manufacture high end protein bars used as food supplements by body builders. The project requires an upfront investment into equipment of $1.4 million. This...

If the owner of this fast-food restaurant invested $300,000 in start-up costs, what was his ROI for

Question:

Step by Step Answer:

35000 x 12 300000 ...View the full answer

Entrepreneurship Starting and Operating A Small Business

Students also viewed these Business questions