The first concern is the projected units that will be sold and the amount of revenue in year 9. The company’s sales budget indicates that 3,510 units will be sold in year 9, generating $5.25M in revenue, which is an increase of 3.2% over year 8. While the forecasted units of 3,510 in year 9 seem in line with the 3,400 units sold in year 8, it is in sharp contrast with the trend over the past 2 years. In reviewing the horizontal analysis data, revenue increased by 33.3% between years 6 and 7 then dropped by 15% between years 7 and 8 due to the decline in economic conditions. The weaker economy resulted in sponsorship cutbacks for professional riders.
We will put down $3000 each and the rest will be donations from friends and family. Our fixed assets are for continuing use, which is, office space, airline discounts and other fixed assets like office equipments and accessories and utility bills like electricity. Our variable costs will change because of the different activities of the business dealing with labor and advertising. Below we have our cash flow projection for the next five years. We estimated how many customers we need to breakeven each year.
Most of these economic factors change depending on the country as the each country’s economic activities throughout the country such as the Increase or decrease in inflation (the rate at which prices are going up), recession - a significant decline in activity across the economy, lasting longer than a few months, GDP (Gross domestic product), interest rates - high interest rates are good for people saving but bad for people taking out and paying back loans such as mortgages as it costs more but it has not changed for 3 years and taxes such as corporate, income etc. All these individual factors influence any decision a business makes (Tesco). For example a
The shortage of funds will cause the interest rate to increase, resulting in two reactions: 1. More savers will enter the market to supply loanable funds because the reward (interest rate) is now higher. 2. Some potential borrowers will decide not to demand loanable funds at the higher interest rate. Factors That Affect Interest Rates: 1.
20% are physically disabled. A surprising 16 to 20 percent of homeless people are employed.33 to 66 percent of homeless people have, or have had substance abuse issues. African-Americans make up 50% of the homeless population, while Latinos make up 33%, White 14%, Asian 2%, and “Other” takes up less than 1%. Within the past 2 decades, many steps have been taken by the government to help improve homelessness. There have been many homeless shelters opened.
As a result, during a typical year, between 900,000 and 1.4 million children are homeless with their families. Annual homelessness figures exceed 1 percent of the total U.S. population and may represent as much as 10 percent of all poor people in this country. Even though many of these people are homeless for only
Reform proposals continue to circulate with some urgency, due to a long-term funding challenge faced by the program. Starting in 2015 and continuing thereafter, program expenses are expected to exceed cash revenues. This is due to the aging of the baby-boom generation (resulting in a lower ratio of paying workers to retirees), expected continuing low birth rate (compared to the baby-boom period), and increasing life expectancy. Further, the government has borrowed and spent the accumulated surplus funds, called the Social Security Trust Fund, while counting the funds as revenue, not
How does inflation affect money's ability to store value? (3-6 sentences. 2.0 points) inflation can decrease the value of money over time. Inflation is when the value of money goes down, so that you can't get as much for your money as you could in the past. If inflation is increasing, which means the value of money is going down, it may make more sense to invest the money in investments that are likely to increase in value.
Community Project Homeless Services Resource Manual Cynthia Patterson Homelessness in America is a pervasive problem that is experienced at all levels of society. It is estimated that “at least 2.3 million adults and children, or nearly 1 percent of the U.S. population, are likely to experience a spell of homelessness at least once during a year,” (Brown & Shukla, 2000, para. 1) The National Alliance to End Homelessness (2007b) lists “poverty, lack of affordable housing, poor access to support networks, and personal characteristics” as the most common predictors of homelessness. Our country’s current economic and housing crisis is increasing the threat of homelessness for thousands of individuals and families, especially
Raises in minimum wage have led to increases in unemployment. ii. The rise in unemployment has been more concentrated amongst those below the current minimum wage level. While these hypotheses have been prevalent, results have ranged from adverse effects to employment1 to unconvincing2.