Question
Rent (3% escalation) Utilities (3% escalation) Labor Cost (5% escalation) COGS (50% Of gross sales) Total Cost Gross Sales Average Retail/cake Cakes sold per
Rent (3% escalation) Utilities (3% escalation) Labor Cost (5% escalation) COGS (50% Of gross sales) Total Cost Gross Sales Average Retail/cake Cakes sold per year Cakes sold per day Net Income Margin (Sales - Cost / Cost * 100 Start cost left 1 million 310.600.00 38.644.oo 594,750.00 943.994.00 8.00 1,887.988. 80.00 23,599.85 64.66 0.00 0.00% 319.918.00 39.803.32 624.487.50 1,068.601.21 205 0.03 2,137.202.42 .00 26,715.03 73.19 84,392.39 4.11% 915 607.61 s; Year 1 is break-even, therefore Lady M's - Gross Sales : $1,887,988 - Net Income : $0
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Auditing A Practical Approach with Data Analytics
Authors: Raymond N. Johnson, Laura Davis Wiley, Robyn Moroney, Fiona Campbell, Jane Hamilton
1st edition
1119401747, 978-1119401742
