She has started compiling her assumptions and putting together an Income Statement. She has determined that she must make at least $75,000 profit per year in order to start the business. She has asked you to analyze her Income Statement and help her determine whether it is viable for her to start this business. You have agreed to help her complete her Income Statement and to perform What-If analysis to help her look at her potential profitability. BIS 155 Lab 6 of 7: Day Care Center Purchase here http://chosecourses.com/BIS%20155/bis-155-lab-6-of-7-day-care-center Product Description Your friend, Jane Morales, is considering opening a Day Care Center.
Deborah Marks' two major concerns with her personal finances are her ability to support her two children on her own and her ability to make payments on her student loans when they come due in September 2013. Her two major goals are obtaining better paying employment position and purchasing her own home in the next ten years.
Purpose: Name Assignment #1: Good Night Motel Background: * Justin McGregor, owner of Good Night Motel is offered a proposition from George Alward that would fill up all 30 units of the motel from Friday 10/26/12 – Saturday 10/27/12 * The renters are delegates to a church convention which fits the family-style reputation that the motel wants to maintain * Alward offered to pay $40/unit as opposed to the normal $80/unit * The dates that Alward wants are during the slow season where it struggled to fill up to ¼ of the rooms * In recent years, a further dip of an additional 7%-15% is expected in room occupancy * Revenues are expected to remain flat for the next several years Issues and Qualitative factors: * McGregor doesn’t want to take the deal because he says that Good Night barely broke even in the 2012 and is afraid that giving out these rooms for ½ price will be unfavorable * McGregor is also afraid that giving this deal might set future precedents Guidance: * A Cost Volume Profit (C-V-P) analysis should be done to determine breakeven point and contribution margins Computation: * McGregor’s take on the breakeven point in incorrect. He looked at the income statement and came in the conclusion that the motel only made $3,177 in 2012. * This is incorrect because depreciation is not a cash outflow and should not be considered. Total operating expense | $385,973.00 | less: depreciation | $54,700.00 | Total cash outflow | $331,273.00 | * He only needs to earn $331,273.00 in revenue to break even instead of the original $385,973.00 that he thought. He earned $389,150.00 which is well above that amount.
- Their home is insured for $400,000 - They have two cars aged five and six years old and both are fully insured - They have private hospital over and intend to keep it as long as they can afford it. They pay $213 per month for this cover. - They believe they will need $50,000 p.a. in retirement Gail: - Part-time nurse
ENGL510 SAMPLE ROUTINE INFORMATIVE MESSAGE Date: To: From: Re: October 1, 20xx Employees of Midsize Company Human Resources Office Introducing a New Comprehensive Wellness Program Healthy living benefits everyone. On January 1, Midsize will introduce a comprehensive new Wellness Program to promote healthy lifestyles throughout the company. In addition to providing a variety of health promotion services and activities, the program will offer savings of up to $500 a year on health insurance premiums. New Monthly Insurance Premium Rates As you know, each year there is a small increase in health insurance premiums. Effective January 1, the new monthly rates will be as follows: ● Single $75 ● Employee and spouse/partner ● Employee and one
During this simulation we have a scenario where the property manager has to fix and solve the current vacancy issues with multiple complexes. We must analyze the first year on the simulation, where the complex had 2000 apartments, and the goal is to rent all of them. In order to accomplish this vacancy issue, the monthly rate must to be lower to attract new tenants to balance out the cost of the extra supply needed to service the apartment complex and to keep the quantity at a certain percentage. Susan Hearst, National Property Manager works for Good Life Management and has been working as a property manager for over fifteen years, in where her experience and skills is ready and prepared to handle any demand situation. The complex has two
Barbara was able to maintain herself economically. She tried to spend less so that she will have enough money for her house rent, gas and food. She bought no clothing except for the required slacks. She made the decision to move close to where she works due to the amount spent on gas daily. “in a month, I earned approximately $1040 and spent $517 on food, gas, toiletries, laundry, phone, and utilities”( 75 reading across the curriculum, pages 395-426, paragraph 65).
Based on the assumptions contained in this plan, I estimate that the businesses will break-even in its first year of operations. Cash Flow Statement As the owner of Chagadama Christian Bookstore, I will invest $60,000. This money will be used to cover startup costs of $12,725 and initial operating costs. Fixed costs are limited to our office space and equipment lease at $1,800 per month, which includes a 1,000 square foot store on Main Street, a telephone system, and two photocopiers. As continued positive cash flows permit, the amounts I invested will be repaid.
Department of Health and Human Services 465 Industrial Boulevard London, Kentucky 40750-0001 Heather Marx 2780 E 5TH STREET EXT LIBBY, MT 59923-2371 Jan 23, 2014 Application Date: January 23, 2014 Application ID: 229562942 Dear Heather: You recently submitted an application to the Health Insurance Marketplace. We reviewed your application to see if you can get health coverage through the Marketplace and help paying for coverage and health services through: • A new tax credit that can be used right away to lower your monthly premium costs • Health plans that lower your out-of-pocket costs • Montana Medicaid (Medicaid) and Healthy Montana Kids Plus (Children's Health Insurance Program (CHIP)), which are joint federal and state programs
The purpose of Social Security is so that our government is able to pay for basic necessities and Medicare. Everybody who has a job has to pay a little bit of their paycheck into the U.S. Social Security System. So, let's say that I earn $500 per week, then I might have to pay maybe 5% of that, or $25 a week to the Federal government. They hold onto that money and they give it to old(er) people who've retired. Everybody who's retired at an age of 62 receives a paycheck every month to help them make ends