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For an existing business, obtain detailed financial operating statements for a minimum of three years-and preferably, five years. For a new business, project detailed financial operating data necessary to prepare a 12 month Proforma P&L Statement. For either type of project plan, this information should include all key elements such as revenue; cost of operation by department or operating unit; marketing costs; administrative and general expenses; repairs and maintenance costs; energy costs; and anything else specific and critical to calculating accurate financial projections.
Be sure to calculate expenses levied against the operation as a whole, including major deductions from operating income like General and Administrative; Marketing; Energy; and overall Repairs and Maintenance costs. Within each of these operating categories, costs are included that are assessed against the business as a whole and not allocated downward to departmental operations.
Finally, determine the net operating profit or loss for the business. Provide detailed assumptions to support each line item in your Proforma P&L Statement.
Experience has shown that payment for the credit sales is received as follows: 15% in the month of sale, 60% in the first month after sale, 20% in the second month after sale, and 5% is uncollectible. How much cash can Lara Company expect to coll..
This is the remaining balance of a twelve-month advertising campaign purchased on August 31 in the current year. Assuming the cost is spread equally over each month how much did this advertising campaign cost in total?
question use the internet to research two publically traded united states companies and download their financial
If this investor believed that by owning the company he could extract &5000 per year in cash from the company in perpetuity, Illustrate what do think the investor would be willing to pay for the firm if the required return on the investment is 10%..
preparing a production budget with the given data.down under products ltd. of australia has budgeted sales of its
question1 for each of the subsequent independent situations relating to the audit of internal controls show the reason
Purpose a report for Joy, describe the step approach to the computation of Non-Controlling Interest and the effects of the approach in the years after acquisition date
Calculate the break-even point in (1) dollars and (2) number of fares. Without calculations, determine the contribution margin at the break-even point.
We are learning about the Volume based costing systems and the Activity Based Systems. Briefly explain the Volume based costing system and how it operates. Additionally, explain how the ABC system operates.
question at 31st december 2011 earthwear has 5890000 in a liability account labeled reserve for returns. the footnotes
Discuss in 200 to 300 words, each of the four financial statements. Elucidate the different components of the statements as well as what the statements tell about a business.
determine of total dividends paid to shareholders during the most recent year.at the end of the current year smith
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