subject
Business, 08.06.2021 01:00 aureliafung2p7cxoo

With your personal finances taken care of, you feel prepared to open your flower shop. You secure a small business loan for $60,000. You want to spend $30,000 of that loan renovating the space for your shop and $15,000 on equipment needed to store the flowers and create arrangements. Rent will be $700 per month or $4,200 for the first six months the shop is open and utilities will be approximately $76 per month or $456 for the first six months. You also want to spend $2,000 on flowers and supplies to stock the shop for the first month and $600 per month for the next five months to restock flowers and greenery. a) Create a budget for the shop’s opening with this information.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 21:00
Concrete consulting co. has the following accounts in its ledger: cash; accounts receivable; supplies; office equipment; accounts payable; jason payne, capital; jason payne, drawing; fees earned; rent expense; advertising expense; utilities expense; miscellaneous expense. transactions oct. 1 paid rent for the month, $3,600. 3 paid advertising expense, $1,200. 5 paid cash for supplies, $750. 6 purchased office equipment on account, $8,000. 10 received cash from customers on account, $14,800. 15 paid creditors on account, $7,110. 27 paid cash for miscellaneous expenses, $400. 30 paid telephone bill (utility expense) for the month, $250. 31 fees earned and billed to customers for the month, $33,100. 31 paid electricity bill (utility expense) for the month, $1,050. 31 withdrew cash for personal use, $2,500. journalize the following selected transactions for october 2019 in a two-column journal. refer to the chart of accounts for exact wording of account titles
Answers: 2
question
Business, 22.06.2019 05:30
Laurelton heating & cooling installs and services commercial heating and cooling systems. laurelton uses job costing to calculate the cost of its jobs. overhead is allocated to each job based on the number of direct labor hours spent on that job. at the beginning of the current year, laurelton estimated that its overhead for the coming year would be $ 61 comma 500. it also anticipated using 4 comma 100 direct labor hours for the year. in april comma laurelton started and completed the following two jobs: (click the icon to view the jobs.) laurelton paid a $ 20-per-hour wage rate to the employees who worked on these two jobs. read the requirements requirement 1. what is laurelton's predetermined overhead rate based on direct labor hours? determine the formula to calculate laurelton's predetermined overhead rate based on direct labor hours, then calculate the rate. / = predetermined overhead rate
Answers: 2
question
Business, 22.06.2019 16:40
Differentiate between the trait, behavioral, and results-based performance appraisal systems, providing an example where each would be most applicable.
Answers: 1
question
Business, 23.06.2019 03:00
Atennis club charges a monthly membership fee of $150 and charges it members $10 per hour to use a court. there's also $500 fee to become a member. stella joined the tennis club last spring, and she has been a member for 5 months. she has been playing 10 hours of tennis each month. stella values an hour of her time at $20. during a boring afternoon meeting, stella thinks about reserving a court to work on her serve for an hour tonight. what's stella's opportunity cost of working on her serve for an hour?
Answers: 1
You know the right answer?
With your personal finances taken care of, you feel prepared to open your flower shop. You secure a...
Questions
question
Mathematics, 06.04.2020 10:49
question
Mathematics, 06.04.2020 10:49
question
Mathematics, 06.04.2020 10:49
question
Spanish, 06.04.2020 10:50
question
Mathematics, 06.04.2020 10:50
Questions on the website: 13722361