For my entrepreneurship course, I am preparing a business plan for the first year with the idea of opening a cafe.

I sell different types of coffee and tea + each item has different prices

How can I calculate the break-even point? and it is hard to find the cost of each item since buying paper cups and liquid materials are in total

WHAT to do?

You are bidding on a contract to supply 100,000 scarves per year for the next 3 years. To pursue this project, you must purchase $10,000 in new equipment today, which you will depreciate straight-line to zero over 3 years. The cost to you is $5.00 per scarf plus $20,000 per year in fixed costs. The project requires no additional net working capital investment and there is no salvage value for the equipment you will purchase. You have a required return of 10% on this project. Your marginal tax rate is 30%. What should your bid price be?

Please show all the steps carefully with explanation. Thank You.

DataSpan, Inc., automated its plant at the start of the current year and installed a flexible manufacturing system. The company is also evaluating its suppliers and moving toward Lean Production. Many adjustment problems have been encountered, including problems relating to performance measurement. After much study, the company has decided to use the performance measures below, and it has gathered data relating to these measures for the first four months of operations. Month 1 2 3 4 Throughput time (days) ? ? ? ? Delivery cycle time (days) ? ? ? ? Manufacturing cycle efficiency (MCE) ? ? ? ? Percentage of on-time deliveries 91 % 86 % 82 % 78 % Total sales (units) 3460 3312 3143 3025 Management has asked for your help in computing throughput time, delivery cycle time, and MCE. The following average times have been logged over the last four months: Average per Month (in days) 1 2 3 4 Move time per unit 0.7 0.5 0.6 0.6 Process time per unit 2.8 2.7 2.6 2.5 Wait time per order before start of production 23.0 25.2 28.0 30.2 Queue time per unit 4.6 5.3 6.1 7.0 Inspection time per unit 0.5 0.6 0.6 0.5 Required: 1-a. Compute the throughput time for each month. 1-b. Compute the delivery cycle time for each month. 1-c. Compute the manufacturing cycle efficiency (MCE) for each month. 2. Evaluate the company’s performance over the last four months. 3-a. Refer to the move time, process time, and so forth, given for month 4. Assume that in month 5 the move time, process time, and so forth, are the same as in month 4, except that through the use of Lean Production the company is able to completely eliminate the queue time during production. Compute the new throughput time and MCE. 3-b. Refer to the move time, process time, and so forth, given for month 4. Assume in month 6 that the move time, process time, and so forth, are again the same as in month 4, except that the company is able to completely eliminate both the queue time during production and the inspection time. Compute the new throughput time and MCE.

Complete this question by entering your answers in the tabs below.

Required 1

Required 2

Required 3

1-a. Compute the throughput time for each month.
1-b. Compute the delivery cycle time for each month.
1-c. Compute the manufacturing cycle efficiency (MCE) for each month.

(Round your answers to 1 decimal place.)

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3-a. (Month 5) Refer to the move time, process time, and so forth, given for month 4. Assume that in month 5 the move time, process time, and so forth, are the same as in month 4, except that through the use of Lean Production the company is able to completely eliminate the queue time during production. Compute the new throughput time and MCE.

3-b. (Month 6) Refer to the move time, process time, and so forth, given for month 4. Assume in month 6 that the move time, process time, and so forth, are again the same as in month 4, except that the company is able to completely eliminate both the queue time during production and the inspection time. Compute the new throughput time and MCE.

(Round your answers to 1 decimal place.)

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12.1 Broussard Skateboard’s sales are expected to increase by 15% from $8millionin 2013 to$ 9.2 million in 2014. Its assets totaled $5million at the end of 2013. Broussard is already at full capacity, so its assets must grow at the same rate as projected sales. At the end of 2013, current liabilities were $1.4 million, consisting of $450,000 of accounts payable, $500,000 of notes payable, and $450,000 of accruals .Theafter- tax profit marginis forecasted to be 6%, and the forecasted pay out ratio is 40%. Use the AFN equation to forecast Broussard’s additiona lfunds needed for the coming year.

12.2 Refe rto Problem 12-1. What would be the additional funds needed if the company’s year- end 2013 assets had been $7 million? Assume that all other numbers, including sales, are the same as in Problem12-1 and that the company is operating at full capacity. Why is this AFN different from the one you found in Problem12-1? Is the company’s“ capital intensity” ratio the same or different?

You are the manager of a firm that receives revenues of $40,000 per year from product X and $90,000 per year from product Y. The own price elasticity of demand for product X is -1.5, and the cross-price elasticity of demand between product Y and X is -1.8.

How much will your firm's total revenues (revenues from both products) change if you increase the price of good X by 2 percent?

Instructions: Enter your response rounded to the nearest dollar. Use a negative sign (-) if applicable.

$

For the second quarter of the following year Cloaks Company has projected sales and production in units as follows:

Cash-related production costs are budgeted at $8 per unit produced. Of these production costs, 40% are paid in the month in which they are incurred and the balance in the next month. $170,000 per month will account for Selling and administrative expenses. On January 31 the accounts payable balance totals $210,000, which will be paid in February.

All units are sold on account for $12 each. Cash collections from sales are budgeted at 60% in the month of sale, 20% in the month following the month of sale, and the remaining 20% in the second month following the month of sale. On January 1 accounts receivable totaled $630,000 ($100,000 from November’s sales and the remaining from December).

Required:

1. Prepare a schedule for each month showing budgeted cash disbursements for Cloaks Company.                                                                                             (8 marks)

2.       Prepare a schedule for each month showing budgeted cash receipts for Cloaks Company

For the second quarter of the following year Cloaks Company has projected sales and production in units as follows:

Cash-related production costs are budgeted at $8 per unit produced. Of these production costs, 40% are paid in the month in which they are incurred and the balance in the next month. $170,000 per month will account for Selling and administrative expenses. On January 31 the accounts payable balance totals $210,000, which will be paid in February.

All units are sold on account for $12 each. Cash collections from sales are budgeted at 60% in the month of sale, 20% in the month following the month of sale, and the remaining 20% in the second month following the month of sale. On January 1 accounts receivable totaled $630,000 ($100,000 from November’s sales and the remaining from December).

Required:

1. Prepare a schedule for each month showing budgeted cash disbursements for Cloaks Company.                                                                                                          (8 marks)

2. Prepare a schedule for each month showing budgeted cash receipts for Cloaks Company.

(8 marks)

Analysis of Receivables Method

At the end of the current year, Accounts Receivable has a balance of $480,000; Allowance for Doubtful Accounts has a debit balance of $4,500; and sales for the year total $2,160,000. Using the aging method, the balance of Allowance for Doubtful Accounts is estimated as $17,100.

a. Determine the amount of the adjusting entry for uncollectible accounts.
$

b. Determine the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense.

c. Determine the net realizable value of accounts receivable.
$

Carlos lives in Philadelphia and runs a business that sells pianos. In an average year, he receives $851,000 from selling pianos. Of this sales revenue, he must pay the manufacturer a wholesale cost of $476,000; he also pays wages and utility bills totaling $281,000. He owns his showroom; if he chooses to rent it out, he will receive $71,000 in rent per year. Assume that the value of this showroom does not depreciate over the year. Also, if Carlos does not operate this piano business, he can work as an accountant, receive an annual salary of $34,000 with no additional monetary costs, and rent out his showroom at the $71,000 per year rate. No other costs are incurred in running this piano business.

Complete the following table by determining Carlos’s accounting and economic profit of his piano business.