Carowinds Start-Up Analysis   Projected Start-Up cost                                                             Cost in USD Initial Franchise Fee                                                                         75,000 Land & Development                                                                       1,500,000 Vendors                                                                                            30,000   Equipment                                                                                      350,000 Electronic Cash register                                                                  25,000 Safe                                                                                                 3,000 Computer hardware and software                                                  20,000 Licenses & Permits                                                                         5,000   Uniforms                                                                                          2,000 Insurance                                                                                          50,000 Training                                                                                             3,000 Marketing & Promotion                                                                   15,000   Total Start-Up Cost                                                                     2,078,000   Projected Finance Loans Personal Investment                                                                             78,000 SRP Bank                                                                                           750,000 PPP Loan                                                                                            500,000 SBA Loan                                                                                           500,000    Investors 250,000 Total Finance Sources                                                                 2,078,000   This is a start-up costs sheet for a theme park. Please conduct an income statement.

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter14: Decentralized Operations
Section: Chapter Questions
Problem 3SEQ: Division A of Kern Co. has sales of $350,000, cost of goods sold of $200,000, operating expenses of...
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Carowinds Start-Up Analysis

 

Projected Start-Up cost                                                             Cost in USD

Initial Franchise Fee                                                                         75,000

Land & Development                                                                       1,500,000

Vendors                                                                                            30,000

 

Equipment                                                                                      350,000

Electronic Cash register                                                                  25,000

Safe                                                                                                 3,000

Computer hardware and software                                                  20,000

Licenses & Permits                                                                         5,000

 

Uniforms                                                                                          2,000

Insurance                                                                                          50,000

Training                                                                                             3,000

Marketing & Promotion                                                                   15,000

 

Total Start-Up Cost                                                                     2,078,000

 

Projected Finance Loans

Personal Investment                                                                             78,000

SRP Bank                                                                                           750,000

PPP Loan                                                                                            500,000

SBA Loan                                                                                           500,000   

Investors 250,000

Total Finance Sources                                                                 2,078,000

 

This is a start-up costs sheet for a theme park. Please conduct an income statement.

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