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Annie B ' s Homemade Ice Cream is an ice cream shop in Asheville, NC . Annie's Homemade currently owns one push cart along with

Annie B's Homemade Ice Cream is an ice cream shop in Asheville, NC. Annie's Homemade currently owns one push cart along with a
branded tent to facilitate off-site sales. The company is considering buying a second push cart and tent for $4,500 to expand its off-
site sales opportunities. Because the company's cargo trailer has the capacity to transport two push carts, there is no need to buy an
additional trailer at this time. Annie's provided the following estimates to assist with analyzing the investment in an additional push cart:
Required:
What is the net cash inflow for one additional off-site event?
Note: Round your answers to 2 decimal places.
Answer is complete and correct.
What is the net cash inflow per month, assuming six events per month?
Answer is not complete.
Net cash inflow per month
What is the second push cart's payback period in months, assuming six events per month?
Annie Bs Homemade Ice Cream is an ice cream shop in Asheville, NC. Annie's Homemade currently owns one push cart along with a branded tent to facilitate off-site sales. The company is considering buying a second push cart and tent for $4,500 to expand its off-site sales opportunities. Because the companys cargo trailer has the capacity to transport two push carts, there is no need to buy an additional trailer at this time. Annie's provided the following estimates to assist with analyzing the investment in an additional push cart:
Additional sales events per month (in June, July, August, and September)6
Average number of servings sold per event 100
Selling price per serving $ 5.00
Ingredients and packaging cost per serving $ 1.40
Average time for manager to make one batch of 100 servings of ice cream 1.5 hours
Average time for employees to pre-package one serving of ice cream 1.2 minutes
Pickup truck diesel fuel, oil, and diesel exhaust fluid expenses $ 0.50 per mile
Average duration of each event (including drive time)2 hours
Average number of employees working at each event 2
Hourly wage rate for managers $ 15.00
Hourly wage rate per employee $ 8.00
Average round-trip mileage to each sales event 19 miles
Required:
What is the net cash inflow for one additional off-site event?
Note: Round your answers to 2 decimal places.
What is the net cash inflow per month, assuming six events per month?
What is the second push cart's payback period in months, assuming six events per month?
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