Repeat the exercise from Key Concept Questions for this chapter using accounting software. Then…
Repeat the exercise from Key Concept Questions for this chapter using accounting software. Then run the following what-if scenarios and create graphs or other visuals showing how each would affect the business’s monthly and yearly financial picture:
• What if the restaurant finds a supplier that is willing to provide paper for only 8,000 in June and 96,000 for the year?
• What if sales for June were 250,000 and sales for the year were 2,000,000? (Do not forget the taxes, assumed at 25 percent.)
• What if the owner of this franchise faced start-up costs of 400,000 instead of 300,000? How would that affect the ROI?