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Calculate revenue and net income for June, July and a monthly simplified pro-forma income statement for June, July and August for Rebel Raspados, the shaved
Calculate revenue and net income for June, July and a monthly simplified pro-forma income statement for June, July and August for Rebel Raspados, the shaved ice company across from UNLV. Assume the following:
- You estimate that your weekly number of sales will be: 500 in June, 700 in July, 800 in August (assume 4 weeks per month)
- Average shaved ice sales price = $3
- Hours at 11am-7pm, Mon-Sat; 25 days/month
- There are 2 employees ($10/HR) working during all hours open each day. You pay no extra benefits or taxes on their salary
- Ice and syrup is $50 for 100 snow cones
- Monthly Facebook ads cost $200. Workers make posts on Rebel Raspados Facebook page during downtime
- Rebel Raspados is an LLC, with all income passed through to owner without taxation
JUN | JUL | AUG | |
Revenue | $ | $ | $ |
Net Income | $ | $ | $ |
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