| Papa Geo’s (5 Year Budget Proposal) | | | 1.0 Executive Summary |
Papa Geo’s is devoted to bringing top notch Italian cuisine at an affordable price that everyone can enjoy, because at Papa Geo’s you’re not just our guest you’re family. We offer a wondrous all-you-can-eat style buffet of the fines Italian cuisine. Unlike your typical sit-down buffets in the Orlando, Florida area; we ensure a unique experience with a combination of both exceptional foods as well as great entertainment that the entire family can enjoy. The following budget plan illustrations how our restaurant will manage our expenses to increase the company’s revenues allowing for a 10 % gain in profit of sales. The budget plan for Papa Geo’s
…show more content…
The payback period for the loan would be within five years but could be paid off sooner. The discount rate used was a 10% rate which was chose to show the require investments rate of return. Attached below is our company’s investment information.
4.1 Cash Flow Statement
4.2 Net Present Value
4.3 Rate of Return
Papa Geo’s IRR 28%
The calculations was done based upon the data that was provided on the excel spreadsheet. (see spreadsheet for more details) Papa Geo's | Rate of Return | | Total for equipment | 122,114 | Depreciation | 24,423 | Cash inflows | 3,523,075 | Initial Investment | 992,000 | ARR | 3.53 | | Initial Investment | 992,000 | Annual Cash Inflows | 3,523,075 | IRR | 28% | | |
4.4 Payback Period
These numbers show that the loan would be paid in full with the first few months of the fourth year.
5.0 Pro-Forma Financial Statements
5.0 Pro-Forma Financial Statements
The following section breaks down the three most important parts to investing with our company. The pro-forma financial statement section is here to give you an overview of the significant impact our company can make within the span of five years. The next few sections are explain in detailed attachment of our projected outcomes at Papa
In 1996 the city of Cleveland began a $750 million Plant Enhancement Program. The program’s goal was to renovate and modernize the city’s four water treatment facilities, which are among the 10 largest in the US, and were built in 1856; over 500 million gallons of water are pumped to Cleveland residents daily. In the following paper I attempt to provide with an overview of the Baldwin
Fraser, L. M., & Ormiston, A. (201). Understanding financial statements (9th ed.). Upper Saddle River, NJ: Prentice Hall.
The product is Italian food served buffet style, in an all-you-can-eat format, with a salad bar, pizza, several different types of pasta with three or four types of sauces, soup, desserts, and a self-serve soda bar. The restaurant is also
The government needs to take more caution creating the federal budget. Edwards stated that “Consider Canada's experience. In the mid-1990s, the federal government faced a debt crisis caused by overspending, which is similar to America's current situation. But the Canadian government reversed course and slashed spending from 23 percent of GDP in 1993, to 17 percent by 2000, to just 15 percent today. The Canadian economy did not sink into a recession from the cuts as Keynesians would have expected but instead grew strongly during the 1990s and 2000s."
A couple of large concerns always arise when discussing politics: the state of the Union, what the president is currently doing, and a few other topics. No topic, however, is as talked about in major concern than the federal budget. As tax payers, the American people always wishes to know where their tax dollars are going. The problem is that very few people actually know who sets the federal budget, and how much power this branch of government really has.
The federal budget is known as the notorious economic tank from which money is distributed to various programs. The money used every fiscal year, which begins October 1st and ends September 30th the next year, belongs to the people. The government raises this money through taxes and they spend it on national defense, Medicare, and social security. The federal budget is an exercise in making choices, and those options will certainly affect individuals living in the U.S. These choices cause debt to pile up on the government, who is struggling to make it disappear. The deficit and debt of a government gauges how well it is being run and how well it has been run in the past. According to The Economist the national debt is the total
The best authentic Italian cuisine has now arrived in beautiful city of Orlando, FL; with delicious Italian entries served buffet style come one, come all to the best Italian food in the city. Papa Geo’s Restaurant is an all you eat Italian buffet, which serves various traditional Italian dishes such as pizza, different pasta combinations, but also soups and salads. Papa Geo’s Restaurant is a 3,500 square foot facility of pure Italy, able to hold up to 80 customers the restaurant have more than enough room for families of all sizes. Papa Geo’s restaurant will operate within the hours of 10 am to 9 pm, 7 days a week.
2. If you had a payment that was due you in 5 years for $50,000 and you could earn a 5% rate of return, how much
The federal budget is known as the infamous monetary tank from which money is distributed to various programs. Why does the federal budget plan cause such uproar of approval or disapproval when it is proposed by the President every February? The money utilized every fiscal year, which runs from October 1st of each year until the end of September of the following year, belongs to the people. The money is raised through income taxes, excise taxes (taxes on goods) and social insurance payroll taxes. Presently, the public is worried about how they will receive a fair share of money appropriations in such a slow economy. The federal deficit has returned, which means that the government’s spending
A company's budget serves as a guideline in planning and committing costs in order to meet tactical and strategic goals. Tactical goals such as providing budgetary costs for daily operations, and strategic objectives that include R&D, production, marketing, and distribution are all part of the budgeting process. Serving as a guideline rather than being set in stone, the budget is a snapshot of manager's "best thinking at the time it is prepared." (Marshall, 2003, p.496) The budget is a method in which to reign-in discretionary spending, and will likely show variances between what costs have been anticipated and what costs are actually incurred.
Based on the master budget, there have something wrong and unclear. All the numbers are the same, evenly quarter two have more sale than other quarter, at least less 30% than quarter two. We can easy to recognize with a few changes and we can achieve a goal $1.000.000
Personal Budget Exercise – Excel Creating a spreadsheet track personal business expenses is an excellent use of Microsoft Excel. For this exercise, you will create a spreadsheet to enter a personal budget and track actual expenses for the year. You may choose to use real data or create a fictitious budget using a monthly income amount of $2,500. Here are suggested budget categories if you are not using a real budget. At a minimum, you must have 9 budget categories: Housing (mortgage or rent) Utilities Car payment Insurance Student Loans Food Misc. Entertainment Gas Savings
Pro-forma income statement to illustrate interest and dividend payment ability is based on various assumptions as shown in Exhibit 1. Expected cases are the measures used in the following discussion. Conservatism is adopted throughout the assumptions especially sales growth rate, credit rating and Medicaid penalty assumptions.
Budget is the major financial and economic statement. The role of the budget is to keep track of the money coming in and the money going out. It is essential part of running any business effectively. It can help make a short and long term projections about financial situation, avert a financial crisis and plan for major financial changes.
Growing up as a Kansas City, MO resident, I attended schools in the Kansas City school district. I attended J.S Chick African Centered school in elementary and I could always remember having two teachers to even out the student teacher ratio, so therefore we all were able to get individualized attention. Nowadays elementary school students aren't able to have this benefit. With all of the school shutdowns in the Kansas City, MO school district our children are being effected tremendously.