Present an estimate of profitability, with a Profit and loss statement for one shipment detailing each line
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Question:
Present an estimate of profitability, with a Profit and loss statement for one shipment detailing each line item, by unit, and summary.
Opinion of the feasibility.
Estimate how much capital would it require, for a year?
Would you invest your life savings in this? Why or why not?
Information
Sales $80,625.60
Cost of Goods $46,065.60
Freight cost $5,000.00
Customs tax $11,516.40
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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