http://www.chegg.com/homework-help/questions-and-answers/2-given-proposed-income-statements-pre-opening-expenses-would-loan-amount-would-monthly-pa-q23286949

Can I please have a solution to this thread, am doing the same question. May I see a solution for both questions?

1. What would be the daily breakeven point for this new restaurant? You may assume that the proposed income statement is relatively accurate.

2. Given the proposed income statements and the pre-opening expenses, what would be the loan amount? What would be the monthly payments?

3. Given the information in Question 2, create a yearly cash budget for the new place for the first two (2) years.