Question
Carowinds Start-Up Analysis Projected Start-Up cost Cost in USD Initial Franchise Fee 75,000 Land & Development 1,500,000 Vendors 30,000 Equipment 350,000 Electronic Cash register 25,000
Carowinds Start-Up Analysis
Projected Start-Up cost Cost in USD
Initial Franchise Fee 75,000
Land & Development 1,500,000
Vendors 30,000
Equipment 350,000
Electronic Cash register 25,000
Safe 3,000
Computer hardware and software 20,000
Licenses & Permits 5,000
Property Taxes 75,000
Uniforms 2,000
Insurance 50,000
Training 3,000
Marketing & Promotion 15,000
Total Start-Up Cost 2,078,000
Projected Finance Loans
Personal Investment 78,000
SRP Bank 750,000
PPP Loan 500,000
SBA Loan 500,000
Investors 250,000
Total Finance Sources 2,078,000
Please conduct an income statement for this theme park.
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Managerial Accounting
Authors: John Wild, Ken Shaw, Barbara Chiappetta
8th Edition
1264111924, 9781264111923
