Create an Income statement (Profit & losses) table for steak n' shake ,for 1 year of operation base on the given tables .The 1st two represents the start-up analysis and the last two represent the balance sheet.

(multiply each month by a certain percentage)

  
 
 

Transcribed Image Text:

Steak 'n Shake Start-Up Analysis Projected Start-Up Costs Initial Franchise Fee Land and Building Development Costs Additional Development Costs Equipment, Furnitures, etc Electronic Cash Register/ Retail Technology Computer Hardware and Software Licenses, Permits, Fees, and Deposits Opening Inventory Miscellaneous Opening Costs Cost in USD $50,000 $60,000 $25,000 $4,500 $8,000 $7,000 $5,000 $8,000 $5,000 ale Steak 'n Shake Start-Up Analysis Projected Start-Up Costs Initial Franchise Fee Land and Building Development Costs Additional Development Costs Equipment, Furnitures, etc Electronic Cash Register/ Retail Technology Computer Hardware and Software Licenses, Permits, Fees, and Deposits Opening Inventory Miscellaneous Opening Costs Cost in USD $50,000 $60,000 $25,000 $4,500 $8,000 $7,000 $5,000 $8,000 $5,000 ale

Answer rating: 100% (QA)

Solution 2 FIFO Kost of goods available for sale perlogs March 30 Total of unit Beg... View the full answer