BUS 599 Week 4 Assignment, Financial Summary Report (Lemonade Stand)
From the information obtained from the balance sheet it is clear that the value of the lemonade business’ assets for season one ($ 247.52) is higher than that of season two ($ 195.07). This is as a result of a decrease in both cash and inventory. There is also increase in the account payable in season two as compared to season one. This leads to a general increase in the total liabilities for the lemonade stand business; (from $ 10.50 to $ 23.25)…………
BUS 599 Week 4 Discussion Question 1, Investment
Write a four paragraph answer, citing the text, to – Would you be willing to pay $500 today in exchange for $10,000 in 30 years? What would be the key considerations in answering yes or no? Would your answer depend on who is making the promise to repay? For purpose of comparison, compute the annual rate of return on this investment
BUS 599 Week 4 Discussion Question 2, Season Two
Post your income statement, balance sheet and financial ratios for season one and two of your lemonade stand that are going to be used in your financial report. Point out two items in your report that you think are most interesting.