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this is for a new small take-out restaurant business. The startup capital is $15,000 which is from a small business loan. The terms of the
this is for a new small take-out restaurant business. The startup capital is $15,000 which is from a small business loan. The terms of the loan are 3 years, payments are $443 per month at a rate of 4.0%. Dinners are $10, the business is open 6 days a week, selling 20 dinners a day. The assets are: Stove $500, Refrigerator $500, computer $400
A. Create a projected balance sheet for your business for the first four quarters and the second and third vears of operation. B. Create a pie chart showing your current assets, long-term assets, current liabilities, and long-term liabilities. Income Statement Projection.s A. Create a projected income statement for your business for the first four quarters and the second and third years of operation. B. Create a bar chart showing your gross revenues, gross profit, and net incomeStep by Step Solution
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