Question
Present an estimate of profitability, with a Profit and loss statement for one shipment detailing each line item, by unit, and summary. Opinion of the
Present an estimate of profitability, with a Profit and loss statement for one shipment detailing each line item, by unit, and summary.
Opinion of the feasibility.
Estimate how much capital would it require, for a year?
Would you invest your life savings in this? Why or why not?
Information
Sales $80,625.60
Cost of Goods $46,065.60
Freight cost $5,000.00
Customs tax $11,516.40
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
9th Edition
1337614689, 1337614688, 9781337668262, 978-1337614689
