Business, 24.03.2020 19:02 fortwill05
You are planning to open a small restaurant on Fowler Ave. featuring authentic Cuban food. You would like to do a capital budgeting analysis to determine if this is a good business opportunity. Here are your main projections of this restaurant, assuming you will run the restaurant for 12 years: To start up, you have to invest $200,000 for your fixed assets. Revenue in first year is $200,000, and should grow by 2.5% per year. Rent of the storefront costs $36,000 per year, and should grow by 1% per year. Employee salaries cost $80,000 per year. Utilities cost $5,000 per year. COGS (food supplies, kitchen equipment, silvers, etc) cost $50,000 per year. Depreciation is $9,000 per year. After 12 years in business, you plan to leave the business and sell your assets. The estimated selling value for all your fixed assets is $120,000. Income tax rate is 30%. Capital gains tax rate is 15%.
Answers: 3
Business, 21.06.2019 21:00, yasmineeee96371
Jurvin enterprises is a manufacturing company that had no beginning inventories. a subset of the transactions that it recorded during a recent month is shown below. $76,700 in raw materials were purchased for cash. $71,400 in raw materials were used in production. of this amount, $66,300 was for direct materials and the remainder was for indirect materials. total labor wages of $151,700 were incurred and paid. of this amount, $134,300 was for direct labor and the remainder was for indirect labor. additional manufacturing overhead costs of $126,300 were incurred and paid. manufacturing overhead of $126,800 was applied to production using the company's predetermined overhead rate. all of the jobs in process at the end of the month were completed. all of the completed jobs were shipped to customers. any underapplied or overapplied overhead for the period was closed to cost of goods sold. required: 1. post the above transactions to t-accounts.2. determine the cost of goods sold for the period.
Answers: 1
Business, 22.06.2019 05:00, tipbri6380
The new york stock exchange is an example of what type of stock market?
Answers: 1
Business, 22.06.2019 05:30, DragonWarrior203
From a business perspective, an information system provides a solution to a problem or challenge facing a firm and represents a combination of management, organization, and technology elements. the organization's hierarchy, functional specialties, business processes, culture, and political interest groups are components of which element of information systems?
Answers: 1
You are planning to open a small restaurant on Fowler Ave. featuring authentic Cuban food. You would...
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