The writer is very fast, professional and responded to the review request fast also. Thank you.
Presentation/PPT
27/08/2022
Impacts to the Profit and Loss Statement
Go to Tim’s Coffee Shoppe and look in the back office. Inside the file drawer labeled “Business” is Tim’s Coffee Shoppe Income Statement for the year for 2011. http://extmedia.kaplan.edu/business/Media/AB299/Tims_Coffee_Shop/index.html This is the most recent record Tim has. This year, several large businesses are moving in around his coffee shop and he expects business to increase. Tim needs to create a pro forma profit and loss (income) statement for this year, and youneed to help him. In this assignment, discuss whether each area in the pro forma income statement will increase, decrease or stay the same due to large businesses moving into the neighboring buildings into his area and explain your rationale why that line item will increase, decrease or stay the same.
Remember, Tim serves coffee to many people who work in the area, so he would certainly expect a major increase in his business volume.This assignment is not looking for dollar figures, but primarily your justification on why the line items will change and what direction they will change, if any. You may make assumptions based on the increased sales volume and how it will affect income and expenses, if and when you do make these assumptions, please describe them and their effects on each line item.
You can go on the Internet and search for videos covering financial statements.These are the line items:
Income earned:
Expenses include:
Salaries
Rent
Depreciation
Supplies
Lease (on your refrigerator)
Tax
Interest (on loans currently held)
Insurance
Checklist:
?If and when you made assumptions, based on the increased sales volume and how it will affect income and expenses, please describe them and their effects on each line item.? Given what you have assumed and projected, will the total expenses increase or decrease?
Why?
In a minimum of a 1-2 page double-spaced Word document using 12 pt. New Times Roman font, please respond to the line items above and the two questions provided. Include an additional title page and references page and submit it to the Dropbox before the end of the unit.
In a minimum of a 1—2 page double-spaced Word document using 12 pt. New Times Roman font,
please respond to the line items above and the two questions provided. Include an additional title
page and references page and submit it to the Dropbox before the end of the unit.
I
In a minimum of a 1—2 page double-spaced Word document using 12 pt. New Times Roman font,
please respond to the line items above and the two questions provided. Include an additional title
page and references page and submit it to the Dropbox before the end of the unit.
In a minimum of a 1—2 page double-spaced Word document using 12 pt. New Times Roman font,please respond to the line items above and the two questions provided. Include an additional title
page and references page and submit it to the Dropbox before the end of the unit.
n a minimum of a 1—2 page double-spaced Word document using 12 pt. New Times Roman font,
please respond to the line items above and the two questions provided. Include an additional title
page and references page and submit it to the Dropbox before the end of the unit.
. New Times Roman font,
please respond to the line items above and the two questions provided. Include an additional title
page and references page and submit it to the Dropbox before the end of the unit.
n a minimum of a 1—2 page double-spaced Word document using 12 pt. New Times Roman font,
please respond to the line items above and the two questions provided. Include an additional title
page and references page and submit it to the Dropbox before the end of the unit
The writer is very fast, professional and responded to the review request fast also. Thank you.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more