Blue Jay Cafe is a small privately owned restaurant located off the coast of Honolulu Hawaii. The month of July is the busiest time of the year. The owner had sold the company's sail boat to reinvest into a larger sail boat  in hopes to provide guided tours as another form of revenue. Refer to the data below and please provide a finical summary / analysis of its current standing as a business. Additionally, please give some context on what the owner should do next to expand its business to secure additional capital or find investors, receive a loan through the bank, if so, how much with what percentage of interest loan. How long would it take until the break even point after securing the additional capital?

This is a fictional business with fictional numbers. Requesting a story line of the financials and referencing the data into the story line. Note: I upvote quality and clear answers. thank you

  

  

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Blue Jay Cafe Balance Sheet Assets Liabilities Equity Cash on Hand $35,000.00 Accounts Payable $85,750.00 Owner's Investment $200,000.00 Cash in Bank $210,000.00 Sales Tax $7,500.00 Accounts Receiveable $13,250.00 Income Tax $65,000.00 Kitchen Equipment Food Ingredients $97,500.00 Short Term Loans $35,000.00 $13,500.00 Drink Ingredients $9,750.00 Total Assets $4 379,000.00 Total Liabilities $ 193,250.00 Total Equity 200,000.00 %24 24 Blue Jay Cafe Balance Sheet Assets Liabilities Equity Cash on Hand $35,000.00 Accounts Payable $85,750.00 Owner's Investment $200,000.00 Cash in Bank $210,000.00 Sales Tax $7,500.00 Accounts Receiveable $13,250.00 Income Tax $65,000.00 Kitchen Equipment Food Ingredients $97,500.00 Short Term Loans $35,000.00 $13,500.00 Drink Ingredients $9,750.00 Total Assets $4 379,000.00 Total Liabilities $ 193,250.00 Total Equity 200,000.00 %24 24

Answer rating: 100% (QA)

BLUE JAY CAFE Summary overvlew of Financial Sheets presented Balancesheet A balancesheet helps to kn... View the full answer