Question: Please answer the following with work shown such as any formulas used and steps. Income statement/cash flow Spring 2018 Class exercise KaBloom Kiosk in South

Please answer the following with work shown such as any formulas used and steps.

Please answer the following with work shown such as any formulas used

Income statement/cash flow Spring 2018 Class exercise KaBloom Kiosk in South Station is 200 square feet. The rent per year for the kiosk is $30,000 The Payral fr the kiosk is calculated based on 1.5 persons square feet. The rent per year for the kiosk is $30,000. The Payroll for the kiosk is calculated based on each day, 12 hours per day 5 days per week, $15 an hour, 52 weeks a year. The kiosk is expected to sell $1,000 per day 5 days a week 52 weeks a year. Please calculate the followings on an annual basis based on the financial information given below. COGS $ COGS% GM $ GM% Variable Cost$ Contribution margin$ Contribution margin% Fixed Cost EBITDA Break Even Sales Categories Roses Other Fresh cut flowers Plants Vases Anticipated pay date Monthly fourth week Monthly fourth week Monthly fourth week Monthly fourth week % to total sales 50% COGS% 40% 35% 40% 35% Operating expenses Rent Payroll Benefits and Taxes Utilities Telephone Computer Maintenance Computer Expense Computer Lease Vehicle Lease Vehicle Fuel Merchandise Supplies Office Supplies Professional fees Insurance Marketing Credit Card Fees Miscellaneous Per Month Per Year Anticipated pay date Monthly week 1 Every other week start week 2 Every other week start week 2 Monthly third week Monthly third week Monthly fourth week Monthly fourth week Monthly fourth week Monthly week 1 22% 300 100 1200 4000 2000 Monthly third week Monthly third week Monthly fourth week Monthly week 1 Monthly second week Weekly Monthly week 1 1200 2500 1800

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