Question
Projected Start-Up Costs Costs in USD Land and Building development costs 700,000 Additional development costs 50,000 Equipment/TV Screens 1,500,000 Safes 1,600 Electronic cash register/retail technology
| Projected Start-Up Costs | Costs in USD |
| Land and Building development costs | 700,000 |
| Additional development costs | 50,000 |
| Equipment/TV Screens | 1,500,000 |
| Safes | 1,600 |
| Electronic cash register/retail technology system | 13,000 |
| Computer hardware and software | 15,000 |
| Licenses, Permits, Fees, and Deposits | 8,000 |
| Property Taxes | 50,000 |
| Uniforms/Shirts/Pants/Jackets/Shorts/Hats/Nametags | 2,000 |
| Insurance | 10,000 |
| Training | 1,000 |
| Food Vendors | 11,000 |
| Marketing and Promotion Costs | 12,000 |
| Total Amount | 2,373,600 |
| Projected Financing Sources | |
| SBA Loan | 1,500,000 |
| Personal Loan | 500,000 |
| PPP Loan | 323,600 |
| Total Amount | 2,373,600 |
Please conduct a balance sheet for this business!
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Finance And Accounting For Nonfinancial Managers
Authors: Steven A. Finkler
5th Edition
9780808046905
