$65$eA$\%2$fOis$3$qr$1$WuY$\%2$f$9$EOn$1$NxHU$34$UZwX$6$dU$5$SV$1$kOknRVZZnzVZLonRHKADuZ$3$N

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Isiness Case Study $(2024)$

Case Study

Additional Information

Julia Jimenez and Hav A Java

Julia is single with no dependents. Hav A Java sells espressos and other hot and cold drinks, along with breakfast items, sandwiches, and desserts. Most of the special food items are purchased from local small businesses, but they sell to her at wholesale prices. She works in the shop herself five days per week and she hires high school$-$ and college$-$aged employees on a part$-$time basis to cover the shifts needed to operate the business during the open hours and to have needed staff for the busiest times based on history. Because she is in easy walking distance from two large schools, she has regular walk$-$up busy periods as well as drive$-$up traffic patterns. Julia timely made four equal quarterly payments of $$20,000$ for federal tax purposes.