The writer is very fast, professional and responded to the review request fast also. Thank you.
Please answer these 10 questions I have below. I have attached the whole book, you must get the answers from Chapter 16 Financing and Leasing. Assignment is due 7/22/2017 tomorrow at 5pm eastern time.
1.In drawing up a sales budget for a casual Italian restaurant, what percentage
of weekly sales should be forecasted for Friday and Saturday evenings?
2.A casual restaurant with a $1-million sales volume should have how many
full-time equivalent employees?
3.What labor, food, beverage, and occupancy costs should the above restaurant
have? Express your answer as both a percentage of sales and as a dollar
figure.
4.Aside from its value in planning, why is it essential to do a budget forecast
of sales, costs, and profit?
5.Suppose that after forecasting sales and deducting expenses, you are left
with 3 percent operating profit before interest charges and taxes. What would
you do?
6.List, in order of priority, four sources of financing you would approach in
seeking funds for your restaurant.
7.In seeking a construction loan, would you expect to have the entire amount
of the loan given to you in a lump sum? Explain.
8.The procedure in seeking a loan from the Small Business Administration is
fairly elaborate. What is the usual sequence for this process?
9.The recommendation is made to “stockpile your credit.” What does this mean?
10.Is it possible (not probable) to start a restaurant without any cash of your own? Explain.
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