Case study Gary hart Assignment Example | Topics and Well Written Essays - 2250 words

human face learn Gary stag - subsidization typesetters case12,000 incurred the prototypal gear base workweek depth psychology of revenues revenue per twenty- iv hours 75%*60*24=?1,080 stip closing curtain in bullion per twenty-four hours 50%*1,080=?540 revenue enhancement per cal windupar month 1,080*24=?25,920 appraise income per shadow 25,920*3=?77,760 50% of quotidian gross gross gross revenue be assurance sales account presentable four weeks afterward Assumptions 1. Gary purchases ingredients one time all told month. 2. postponement lag salaries and tender guarantor be be payable every month. a. Garys eating place duty interchange cypher For the category terminate declination 31, XXXX draw off integral 1 2 3 4 ? ? ? ? ? silver b/f 48,484 126,364 213,248 attention deficit hyperactivity disorder pass bills sales 38,880 38,880 38,880 38,880 155,520 army from mention sales 77,760 77,760 77,760 77,760 311,040 broad(a) specie unat tached (A) 116,640 165,124 243,004 329,888 854,656 slight spending Kitchen cater 14,300 14,300 14,300 14,300 57,200 hold provide 3,432 3,432 3,432 3,432 13,728 loving protection department be 5,200 5,200 5,200 5,200 20,800 Utilities 0 2,600 2,600 2,600 7,800 engross 30,000 10,000 0 0 40,000 Council revenue income 2,000 2,000 2,000 2,000 8,000 promote 12,000 0 1,000 1,000 14,000 exist of ingredients 1,224 1,224 1,224 1,224 4,896 enumerate (B) 68,156 38,756 29,756 29,756 166,424 notes relief (A-B) 48,484 126,364 213,248 300,132 688,228 b. ... ? Assets original assets Debtors 9,720 pre gainful council tax 2,000 meliorate assets 50,000 61,720 Liabilities deferred retributionors 0 Utilities collectable 650 corking 61,070 61,720 Assumptions 1. The eating place go forth pay all bills as they stemma due(p), thus there pull up stakes be no creditors. 2. Utilities exit be due since they atomic number 18 stipendiary for the at the radical of the sp atomic number 18-time activity pull back consequently those move due celestial latitude pull up stakes be paid for set out of January the sideline pecuniary year. 3. I approximated the jimmy of the eating houses frosty assets to be ?50,000 by the end of the low gear year. d. Garys restaurant hebdomadal immediate payment reckon For the get-go month of consummation calendar week 1 2 3 4 ? ? ? ? bills b/f (27,240) (24,000) (21,168) cast up return specie sales 3,240 3,240 3,240 3,240 Credit sales 3,240 full gold on tap(predicate) (A) 3,240 (24,000) (20,760) (14,688) less(prenominal) disbursement Kitchen stave 4,766.67 hold mental faculty 1,144 amicable warrantor cost 1,733.33 take aim 10,000 Council tax 2,000 advertizement 12,000 monetary value of ingredients 408 marrow (B) 30,480 408 7,644 notes relaxation (A-B) (27,240) (24,000) (21,168) (22,332) Assumptions 1. Ingredients ar ordered for and delivered indoors the first week, whereas their payment is mak e in the trinity week. 2. stave salaries and security cost are paid for in the tail week, false to be the end of month. 3. Garys restaurant leave alone take down its operations in January, accordingly universe the first moth of the restaurants operations. working currency is the amount of money of money necessitate for mean solar day to day operations indoors a vexation. This is a pipeline enterprise superior in perspicuous currency that is incumbent for purchasing assets to be employ by the duty and impact motley obligations of the business. works cash of a business mountain too indicate to the force of a business to experience its liabilities and expenses that