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CHAPTER 8: Using Financial Statements to Guide a Bu Entrepreneurship Portfolio Critical Thinking Exercises 8-1. Repeat the exercise from Key Concept Questions for this chapter
CHAPTER 8: Using Financial Statements to Guide a Bu Entrepreneurship Portfolio Critical Thinking Exercises 8-1. Repeat the exercise from Key Concept Questions for this chapter using accounting software. Then run the following what-if scenar- ios 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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