{"id":10971,"date":"2017-03-26T23:37:38","date_gmt":"2017-03-26T23:37:38","guid":{"rendered":"https:\/\/courses.lumenlearning.com\/masterybusiness2xngcxmasterspring2016\/?post_type=chapter&p=10971"},"modified":"2017-03-26T23:39:51","modified_gmt":"2017-03-26T23:39:51","slug":"salty-pawz-financial-information","status":"publish","type":"chapter","link":"https:\/\/courses.lumenlearning.com\/suny-hccc-introbusiness\/chapter\/salty-pawz-financial-information\/","title":{"raw":"Salty Pawz Financial Information","rendered":"Salty Pawz Financial Information"},"content":{"raw":"
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Sales + Revenue<\/h2>\r\nFor the last six months, Wanda\u2019s sales have broken down as shown below. She has also provided you with her cost for each variety of treat.\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n
Products\/Services<\/th>\r\n% of Sales<\/th>\r\nSales Price<\/th>\r\nCOGS<\/th>\r\nContribution<\/th>\r\nProfit Margin<\/th>\r\nWeighted Profit Margin<\/th>\r\n<\/tr>\r\n<\/thead>\r\n
Party Pooch<\/td>\r\n45%<\/td>\r\n20.00<\/td>\r\n10.40<\/td>\r\n9.60<\/td>\r\n48.00%<\/td>\r\n21.60%<\/td>\r\n<\/tr>\r\n
Chicken Cuties<\/td>\r\n18%<\/td>\r\n15.00<\/td>\r\n7.80<\/td>\r\n7.20<\/td>\r\n48.00%<\/td>\r\n8.64%<\/td>\r\n<\/tr>\r\n
Bison Bites<\/td>\r\n5%<\/td>\r\n21.00<\/td>\r\n10.80<\/td>\r\n10.20<\/td>\r\n48.57%<\/td>\r\n2.43%<\/td>\r\n<\/tr>\r\n
Lamb Lovies<\/td>\r\n32%<\/td>\r\n24.00<\/td>\r\n12.60<\/td>\r\n11.40<\/td>\r\n47.50%<\/td>\r\n15.20%<\/td>\r\n<\/tr>\r\n
(Must equal 100%)<\/strong><\/td>\r\n100%<\/td>\r\n<\/td>\r\nAverage profit margin<\/strong><\/td>\r\n47.87%<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n\r\n\r\n\r\n\r\n\r\n\r\n
<\/th>\r\nSales Price<\/th>\r\nCOGS<\/th>\r\n<\/tr>\r\n
Chicken Cuties<\/td>\r\n1.25<\/td>\r\n0.65<\/td>\r\n<\/tr>\r\n
Bison Bites<\/td>\r\n1.75<\/td>\r\n0.90<\/td>\r\n<\/tr>\r\n
Lamb Lovies<\/td>\r\n2.00<\/td>\r\n1.05<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n

Cost of Goods Sold<\/h2>\r\nWanda\u2019s COGS include the packaging, labeling, the ingredients, and the time it takes to make the treats. Since she can bake them in big batches, her labor cost per unit is very low.\r\n\r\nWhen Wanda ships her products, she charges just what it costs her. Shipping is done on a cost recovery basis and currently she doesn\u2019t consider it in her income\/expenses.\r\n

Monthly Expenses<\/h2>\r\nCurrently Wanda\u2019s monthly expenses are:\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n
Rent<\/td>\r\n0.00<\/td>\r\n<\/tr>\r\n
Electricity<\/td>\r\n0.00<\/td>\r\n<\/tr>\r\n
Telephone<\/td>\r\n100.00<\/td>\r\n<\/tr>\r\n
Water\/Sewer<\/td>\r\n0.00<\/td>\r\n<\/tr>\r\n
Internet<\/td>\r\n60.00<\/td>\r\n<\/tr>\r\n
Website<\/td>\r\n175.00<\/td>\r\n<\/tr>\r\n
Salaries<\/td>\r\n0.00<\/td>\r\n<\/tr>\r\n
Owner\u2019s Draw<\/td>\r\n1000.00<\/td>\r\n<\/tr>\r\n
Office Supplies<\/td>\r\n50.00<\/td>\r\n<\/tr>\r\n
Loan Payment<\/td>\r\n0.00<\/td>\r\n<\/tr>\r\n
Insurance<\/td>\r\n85.00<\/td>\r\n<\/tr>\r\n
Other<\/td>\r\n0.00<\/td>\r\n<\/tr>\r\n
Total Overhead<\/td>\r\n$1,470.00<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n

Sales Mix<\/h2>\r\nCurrently Wanda\u2019s customers purchase her products at the following ratios:\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n
Products\/Services<\/th>\r\n% of Sales<\/th>\r\n<\/tr>\r\n<\/thead>\r\n
Party Pooch<\/td>\r\n45%<\/td>\r\n<\/tr>\r\n
Chicken Cuties<\/td>\r\n18%<\/td>\r\n<\/tr>\r\n
Bison Bites<\/td>\r\n5%<\/td>\r\n<\/tr>\r\n
Lamb Lovies<\/td>\r\n32%<\/td>\r\n<\/tr>\r\n
<\/td>\r\n100%<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n

Break Even Calculation<\/h2>\r\nBased on her current monthly expenses and sales mix, this is what Wanda has to sell in order to break-even:\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n
Products\/Services<\/th>\r\nSales<\/th>\r\nPrice<\/th>\r\nCOGS<\/th>\r\nContribution<\/th>\r\nProfit Margin<\/th>\r\nWeighted Profit Margin<\/th>\r\n<\/tr>\r\n<\/thead>\r\n
Party Pooch<\/td>\r\n45%<\/td>\r\n20.00<\/td>\r\n10.40<\/td>\r\n9.60<\/td>\r\n48.00%<\/td>\r\n21.60%<\/td>\r\n<\/tr>\r\n
Chicken Cuties<\/td>\r\n18%<\/td>\r\n15.00<\/td>\r\n7.80<\/td>\r\n7.20<\/td>\r\n48.00%<\/td>\r\n8.64%<\/td>\r\n<\/tr>\r\n
Bison Bites<\/td>\r\n5%<\/td>\r\n21.00<\/td>\r\n10.80<\/td>\r\n10.20<\/td>\r\n48.57%<\/td>\r\n2.43%<\/td>\r\n<\/tr>\r\n
Lamb Lovies<\/td>\r\n32%<\/td>\r\n24.00<\/td>\r\n12.60<\/td>\r\n11.40<\/td>\r\n47.50%<\/td>\r\n15.20%<\/td>\r\n<\/tr>\r\n
(Must equal 100%)<\/td>\r\n100%<\/td>\r\n<\/td>\r\nAverage profit margin:<\/td>\r\n47.87%<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n\r\n\r\n\r\n\r\n\r\n
<\/td>\r\nTotal Overhead<\/td>\r\n$1,470.00<\/td>\r\n<\/tr>\r\n
divided by<\/td>\r\nAverage Profit Margin<\/td>\r\n47.87%<\/td>\r\n<\/tr>\r\n
<\/td>\r\n= BREAKEVEN<\/td>\r\n$3,070.91<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\nAverage Sales per customer is $20.00\r\n\r\n\r\n\r\n\r\n\r\n\r\n
<\/th>\r\nBREAKEVEN<\/th>\r\nParty Pooch<\/th>\r\nChicken Cuties<\/th>\r\nBison Bites<\/th>\r\nLamb Lovies<\/th>\r\n<\/tr>\r\n<\/thead>\r\n
Monthly In Dollars<\/td>\r\n$3,070.91<\/td>\r\n$1,381.91<\/td>\r\n$552.76<\/td>\r\n$153.55<\/td>\r\n$982.69<\/td>\r\n<\/tr>\r\n
In Units<\/td>\r\n<\/td>\r\n69<\/td>\r\n37<\/td>\r\n7<\/td>\r\n41<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n

Forecasting Supply and Demand<\/h2>\r\nWanda is at capacity for production out of her kitchen, so she believes that she is at the maximum income she can generate with her current structure. If Wanda changes her pricing structure, the following quantities demanded and quantities supplied will result.\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n
Chicken Cuties<\/th>\r\n<\/th>\r\nChicken Cuties<\/th>\r\n<\/th>\r\nChicken Cuties<\/th>\r\n<\/tr>\r\n<\/thead>\r\n
Price ($)<\/strong><\/td>\r\nDemand (Q)<\/strong><\/td>\r\n<\/td>\r\nPrice($)<\/strong><\/td>\r\nSupply (Q)<\/strong><\/td>\r\n<\/td>\r\nPrice ($)<\/strong><\/td>\r\nDemand (Q)<\/strong><\/td>\r\nSupply (Q)<\/strong><\/td>\r\n<\/tr>\r\n
$0.75<\/td>\r\n1000<\/td>\r\n<\/td>\r\n$0.75<\/td>\r\n500<\/td>\r\n<\/td>\r\n$0.75<\/td>\r\n1000<\/td>\r\n500<\/td>\r\n<\/tr>\r\n
$1.00<\/td>\r\n900<\/td>\r\n<\/td>\r\n$1.00<\/td>\r\n650<\/td>\r\n<\/td>\r\n$1.00<\/td>\r\n900<\/td>\r\n650<\/td>\r\n<\/tr>\r\n
$1.25<\/td>\r\n800<\/td>\r\n<\/td>\r\n$1.25<\/td>\r\n800<\/td>\r\n<\/td>\r\n$1.25<\/td>\r\n800<\/td>\r\n800<\/td>\r\n<\/tr>\r\n
$1.75<\/td>\r\n700<\/td>\r\n<\/td>\r\n$1.50<\/td>\r\n1000<\/td>\r\n<\/td>\r\n$1.50<\/td>\r\n700<\/td>\r\n1000<\/td>\r\n<\/tr>\r\n
$2.00<\/td>\r\n600<\/td>\r\n<\/td>\r\n$1.75<\/td>\r\n1400<\/td>\r\n<\/td>\r\n$1.75<\/td>\r\n600<\/td>\r\n1400<\/td>\r\n<\/tr>\r\n
$2.25<\/td>\r\n500<\/td>\r\n<\/td>\r\n$2.00<\/td>\r\n1500<\/td>\r\n<\/td>\r\n$2.00<\/td>\r\n500<\/td>\r\n1500<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n
Bison Bites<\/th>\r\n<\/th>\r\nBison Bites<\/th>\r\n<\/th>\r\nBison Bites<\/th>\r\n<\/tr>\r\n<\/thead>\r\n
Price ($)<\/strong><\/td>\r\nDemand (Q)<\/strong><\/td>\r\n\u00a0<\/strong><\/td>\r\nPrice($)<\/strong><\/td>\r\nSupply (Q)<\/strong><\/td>\r\n\u00a0<\/strong><\/td>\r\nPrice ($)<\/strong><\/td>\r\nDemand (Q)<\/strong><\/td>\r\nSupply (Q)<\/strong><\/td>\r\n<\/tr>\r\n
$1.00<\/td>\r\n1200<\/td>\r\n<\/td>\r\n$1.00<\/td>\r\n500<\/td>\r\n<\/td>\r\n$1.00<\/td>\r\n1200<\/td>\r\n500<\/td>\r\n<\/tr>\r\n
$1.25<\/td>\r\n1100<\/td>\r\n<\/td>\r\n$1.25<\/td>\r\n600<\/td>\r\n<\/td>\r\n$1.25<\/td>\r\n1100<\/td>\r\n600<\/td>\r\n<\/tr>\r\n
$1.50<\/td>\r\n900<\/td>\r\n<\/td>\r\n$1.50<\/td>\r\n700<\/td>\r\n<\/td>\r\n$1.50<\/td>\r\n900<\/td>\r\n700<\/td>\r\n<\/tr>\r\n
$1.75<\/td>\r\n800<\/td>\r\n<\/td>\r\n$1.75<\/td>\r\n900<\/td>\r\n<\/td>\r\n$1.75<\/td>\r\n800<\/td>\r\n900<\/td>\r\n<\/tr>\r\n
$2.00<\/td>\r\n700<\/td>\r\n<\/td>\r\n$2.00<\/td>\r\n1000<\/td>\r\n<\/td>\r\n$2.00<\/td>\r\n700<\/td>\r\n1000<\/td>\r\n<\/tr>\r\n
$2.25<\/td>\r\n400<\/td>\r\n<\/td>\r\n$2.25<\/td>\r\n1400<\/td>\r\n<\/td>\r\n$2.25<\/td>\r\n400<\/td>\r\n1400<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n
Lamb Lovies<\/th>\r\n<\/th>\r\nLamb Lovies<\/th>\r\n<\/th>\r\nLamb Lovies<\/th>\r\n<\/tr>\r\n<\/thead>\r\n
Price ($)<\/strong><\/td>\r\nDemand (Q)<\/strong><\/td>\r\n\u00a0<\/strong><\/td>\r\nPrice($)<\/strong><\/td>\r\nSupply (Q)<\/strong><\/td>\r\n\u00a0<\/strong><\/td>\r\nPrice ($)<\/strong><\/td>\r\nDemand (Q)<\/strong><\/td>\r\nSupply (Q)<\/strong><\/td>\r\n<\/tr>\r\n
$1.75<\/td>\r\n1500<\/td>\r\n<\/td>\r\n$1.75<\/td>\r\n800<\/td>\r\n<\/td>\r\n$1.75<\/td>\r\n1500<\/td>\r\n800<\/td>\r\n<\/tr>\r\n
$2.00<\/td>\r\n1400<\/td>\r\n<\/td>\r\n$2.00<\/td>\r\n900<\/td>\r\n<\/td>\r\n$2.00<\/td>\r\n1400<\/td>\r\n900<\/td>\r\n<\/tr>\r\n
$2.25<\/td>\r\n1200<\/td>\r\n<\/td>\r\n$2.25<\/td>\r\n1000<\/td>\r\n<\/td>\r\n$2.25<\/td>\r\n1200<\/td>\r\n1000<\/td>\r\n<\/tr>\r\n
$2.50<\/td>\r\n1000<\/td>\r\n<\/td>\r\n$2.50<\/td>\r\n1200<\/td>\r\n<\/td>\r\n$2.50<\/td>\r\n1000<\/td>\r\n1200<\/td>\r\n<\/tr>\r\n
$2.75<\/td>\r\n800<\/td>\r\n<\/td>\r\n$2.75<\/td>\r\n1400<\/td>\r\n<\/td>\r\n$2.75<\/td>\r\n800<\/td>\r\n1400<\/td>\r\n<\/tr>\r\n
$3.00<\/td>\r\n700<\/td>\r\n<\/td>\r\n$3.00<\/td>\r\n1600<\/td>\r\n<\/td>\r\n$3.00<\/td>\r\n700<\/td>\r\n1600<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n
Party Pooch<\/th>\r\n<\/th>\r\nParty Pooch<\/th>\r\n<\/th>\r\nParty Pooch<\/th>\r\n<\/tr>\r\n<\/thead>\r\n
Price ($)<\/strong><\/td>\r\nDemand (Q)<\/strong><\/td>\r\n\u00a0<\/strong><\/td>\r\nPrice($)<\/strong><\/td>\r\nSupply (Q)<\/strong><\/td>\r\n\u00a0<\/strong><\/td>\r\nPrice ($)<\/strong><\/td>\r\nDemand (Q)<\/strong><\/td>\r\nSupply (Q)<\/strong><\/td>\r\n<\/tr>\r\n
$16.00<\/td>\r\n1400<\/td>\r\n<\/td>\r\n$16.00<\/td>\r\n600<\/td>\r\n<\/td>\r\n$16.00<\/td>\r\n1400<\/td>\r\n600<\/td>\r\n<\/tr>\r\n
$18.00<\/td>\r\n1200<\/td>\r\n<\/td>\r\n$18.00<\/td>\r\n700<\/td>\r\n<\/td>\r\n$18.00<\/td>\r\n1200<\/td>\r\n700<\/td>\r\n<\/tr>\r\n
$20.00<\/td>\r\n1100<\/td>\r\n<\/td>\r\n$20.00<\/td>\r\n800<\/td>\r\n<\/td>\r\n$20.00<\/td>\r\n1100<\/td>\r\n800<\/td>\r\n<\/tr>\r\n
$22.00<\/td>\r\n1000<\/td>\r\n<\/td>\r\n$22.00<\/td>\r\n1000<\/td>\r\n<\/td>\r\n$22.00<\/td>\r\n1000<\/td>\r\n1000<\/td>\r\n<\/tr>\r\n
$24.00<\/td>\r\n900<\/td>\r\n<\/td>\r\n$24.00<\/td>\r\n1200<\/td>\r\n<\/td>\r\n$24.00<\/td>\r\n900<\/td>\r\n1200<\/td>\r\n<\/tr>\r\n
$26.00<\/td>\r\n800<\/td>\r\n<\/td>\r\n$26.00<\/td>\r\n1400<\/td>\r\n<\/td>\r\n$26.00<\/td>\r\n800<\/td>\r\n1400<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n

Income Information<\/h2>\r\nHere is a summary of Wanda\u2019s Salty Pawz income information for the past 6 months.\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n
INCOME:<\/th>\r\n<\/td>\r\n<\/td>\r\n<\/tr>\r\n
Party Pooch<\/td>\r\n<\/td>\r\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a040,500.00<\/td>\r\n<\/tr>\r\n
Chicken Cuties<\/td>\r\n<\/td>\r\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a016,200.00<\/td>\r\n<\/tr>\r\n
Bison Bites<\/td>\r\n<\/td>\r\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a04,515.00<\/td>\r\n<\/tr>\r\n
Lamb Lovies<\/td>\r\n<\/td>\r\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a028,800.00<\/td>\r\n<\/tr>\r\n
TOTAL INCOME:<\/strong><\/td>\r\n<\/td>\r\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a090,015.00<\/td>\r\n<\/tr>\r\n
<\/td>\r\n<\/td>\r\n<\/td>\r\n<\/tr>\r\n
COST OF GOODS SOLD:<\/th>\r\n<\/td>\r\n<\/td>\r\n<\/tr>\r\n
Party Pooch<\/td>\r\n<\/td>\r\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a021,060.00<\/td>\r\n<\/tr>\r\n
Chicken Cuties<\/td>\r\n<\/td>\r\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a08,424.00<\/td>\r\n<\/tr>\r\n
Bison Bites<\/td>\r\n<\/td>\r\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a04,515.00<\/td>\r\n<\/tr>\r\n
Canine Craving<\/td>\r\n<\/td>\r\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a015,120.00<\/td>\r\n<\/tr>\r\n
Total cost of sales<\/td>\r\n<\/td>\r\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a049,119.00<\/td>\r\n<\/tr>\r\n
GROSS PROFIT<\/th>\r\n<\/td>\r\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a040,896.00<\/strong><\/td>\r\n<\/tr>\r\n
<\/td>\r\n<\/td>\r\n<\/td>\r\n<\/tr>\r\n
OPERATING EXPENSES:<\/th>\r\n<\/td>\r\n<\/td>\r\n<\/tr>\r\n
Rent<\/td>\r\n<\/td>\r\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u2013<\/td>\r\n<\/tr>\r\n
Electricity<\/td>\r\n<\/td>\r\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u2013<\/td>\r\n<\/tr>\r\n
Telephone<\/td>\r\n<\/td>\r\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0600.00<\/td>\r\n<\/tr>\r\n
Water \/Sewer<\/td>\r\n<\/td>\r\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u2013<\/td>\r\n<\/tr>\r\n
Internet<\/td>\r\n<\/td>\r\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0360.00<\/td>\r\n<\/tr>\r\n
Website<\/td>\r\n<\/td>\r\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a01,050.00<\/td>\r\n<\/tr>\r\n
Salaries<\/td>\r\n<\/td>\r\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u2013<\/td>\r\n<\/tr>\r\n
Owner\u2019s Draw<\/td>\r\n<\/td>\r\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a06,000.00<\/td>\r\n<\/tr>\r\n
Office Supplies<\/td>\r\n<\/td>\r\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0300.00<\/td>\r\n<\/tr>\r\n
Loan Payment<\/td>\r\n<\/td>\r\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u2013<\/td>\r\n<\/tr>\r\n
Insurance<\/td>\r\n<\/td>\r\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0510.00<\/td>\r\n<\/tr>\r\n
Other<\/td>\r\n<\/td>\r\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u2013<\/td>\r\n<\/tr>\r\n
TOTAL EXPENSES<\/th>\r\n<\/td>\r\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a08,820.00<\/strong><\/td>\r\n<\/tr>\r\n
<\/td>\r\n<\/td>\r\n<\/td>\r\n<\/tr>\r\n
NET INCOME<\/th>\r\n<\/td>\r\n<\/td>\r\n<\/tr>\r\n
BEFORE TAXES<\/strong><\/td>\r\n<\/td>\r\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a032,076.00<\/strong><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/div>\r\n<\/div>","rendered":"
\n
\n

Sales + Revenue<\/h2>\n

For the last six months, Wanda\u2019s sales have broken down as shown below. She has also provided you with her cost for each variety of treat.<\/p>\n\n\n\n\n\n\n\n\n\n
Products\/Services<\/th>\n% of Sales<\/th>\nSales Price<\/th>\nCOGS<\/th>\nContribution<\/th>\nProfit Margin<\/th>\nWeighted Profit Margin<\/th>\n<\/tr>\n<\/thead>\n
Party Pooch<\/td>\n45%<\/td>\n20.00<\/td>\n10.40<\/td>\n9.60<\/td>\n48.00%<\/td>\n21.60%<\/td>\n<\/tr>\n
Chicken Cuties<\/td>\n18%<\/td>\n15.00<\/td>\n7.80<\/td>\n7.20<\/td>\n48.00%<\/td>\n8.64%<\/td>\n<\/tr>\n
Bison Bites<\/td>\n5%<\/td>\n21.00<\/td>\n10.80<\/td>\n10.20<\/td>\n48.57%<\/td>\n2.43%<\/td>\n<\/tr>\n
Lamb Lovies<\/td>\n32%<\/td>\n24.00<\/td>\n12.60<\/td>\n11.40<\/td>\n47.50%<\/td>\n15.20%<\/td>\n<\/tr>\n
(Must equal 100%)<\/strong><\/td>\n100%<\/td>\n<\/td>\nAverage profit margin<\/strong><\/td>\n47.87%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\n
<\/th>\nSales Price<\/th>\nCOGS<\/th>\n<\/tr>\n
Chicken Cuties<\/td>\n1.25<\/td>\n0.65<\/td>\n<\/tr>\n
Bison Bites<\/td>\n1.75<\/td>\n0.90<\/td>\n<\/tr>\n
Lamb Lovies<\/td>\n2.00<\/td>\n1.05<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Cost of Goods Sold<\/h2>\n

Wanda\u2019s COGS include the packaging, labeling, the ingredients, and the time it takes to make the treats. Since she can bake them in big batches, her labor cost per unit is very low.<\/p>\n

When Wanda ships her products, she charges just what it costs her. Shipping is done on a cost recovery basis and currently she doesn\u2019t consider it in her income\/expenses.<\/p>\n

Monthly Expenses<\/h2>\n

Currently Wanda\u2019s monthly expenses are:<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Rent<\/td>\n0.00<\/td>\n<\/tr>\n
Electricity<\/td>\n0.00<\/td>\n<\/tr>\n
Telephone<\/td>\n100.00<\/td>\n<\/tr>\n
Water\/Sewer<\/td>\n0.00<\/td>\n<\/tr>\n
Internet<\/td>\n60.00<\/td>\n<\/tr>\n
Website<\/td>\n175.00<\/td>\n<\/tr>\n
Salaries<\/td>\n0.00<\/td>\n<\/tr>\n
Owner\u2019s Draw<\/td>\n1000.00<\/td>\n<\/tr>\n
Office Supplies<\/td>\n50.00<\/td>\n<\/tr>\n
Loan Payment<\/td>\n0.00<\/td>\n<\/tr>\n
Insurance<\/td>\n85.00<\/td>\n<\/tr>\n
Other<\/td>\n0.00<\/td>\n<\/tr>\n
Total Overhead<\/td>\n$1,470.00<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Sales Mix<\/h2>\n

Currently Wanda\u2019s customers purchase her products at the following ratios:<\/p>\n\n\n\n\n\n\n\n\n\n
Products\/Services<\/th>\n% of Sales<\/th>\n<\/tr>\n<\/thead>\n
Party Pooch<\/td>\n45%<\/td>\n<\/tr>\n
Chicken Cuties<\/td>\n18%<\/td>\n<\/tr>\n
Bison Bites<\/td>\n5%<\/td>\n<\/tr>\n
Lamb Lovies<\/td>\n32%<\/td>\n<\/tr>\n
<\/td>\n100%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Break Even Calculation<\/h2>\n

Based on her current monthly expenses and sales mix, this is what Wanda has to sell in order to break-even:<\/p>\n\n\n\n\n\n\n\n\n\n
Products\/Services<\/th>\nSales<\/th>\nPrice<\/th>\nCOGS<\/th>\nContribution<\/th>\nProfit Margin<\/th>\nWeighted Profit Margin<\/th>\n<\/tr>\n<\/thead>\n
Party Pooch<\/td>\n45%<\/td>\n20.00<\/td>\n10.40<\/td>\n9.60<\/td>\n48.00%<\/td>\n21.60%<\/td>\n<\/tr>\n
Chicken Cuties<\/td>\n18%<\/td>\n15.00<\/td>\n7.80<\/td>\n7.20<\/td>\n48.00%<\/td>\n8.64%<\/td>\n<\/tr>\n
Bison Bites<\/td>\n5%<\/td>\n21.00<\/td>\n10.80<\/td>\n10.20<\/td>\n48.57%<\/td>\n2.43%<\/td>\n<\/tr>\n
Lamb Lovies<\/td>\n32%<\/td>\n24.00<\/td>\n12.60<\/td>\n11.40<\/td>\n47.50%<\/td>\n15.20%<\/td>\n<\/tr>\n
(Must equal 100%)<\/td>\n100%<\/td>\n<\/td>\nAverage profit margin:<\/td>\n47.87%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n
<\/td>\nTotal Overhead<\/td>\n$1,470.00<\/td>\n<\/tr>\n
divided by<\/td>\nAverage Profit Margin<\/td>\n47.87%<\/td>\n<\/tr>\n
<\/td>\n= BREAKEVEN<\/td>\n$3,070.91<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Average Sales per customer is $20.00<\/p>\n\n\n\n\n\n\n
<\/th>\nBREAKEVEN<\/th>\nParty Pooch<\/th>\nChicken Cuties<\/th>\nBison Bites<\/th>\nLamb Lovies<\/th>\n<\/tr>\n<\/thead>\n
Monthly In Dollars<\/td>\n$3,070.91<\/td>\n$1,381.91<\/td>\n$552.76<\/td>\n$153.55<\/td>\n$982.69<\/td>\n<\/tr>\n
In Units<\/td>\n<\/td>\n69<\/td>\n37<\/td>\n7<\/td>\n41<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Forecasting Supply and Demand<\/h2>\n

Wanda is at capacity for production out of her kitchen, so she believes that she is at the maximum income she can generate with her current structure. If Wanda changes her pricing structure, the following quantities demanded and quantities supplied will result.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n
Chicken Cuties<\/th>\n<\/th>\nChicken Cuties<\/th>\n<\/th>\nChicken Cuties<\/th>\n<\/tr>\n<\/thead>\n
Price ($)<\/strong><\/td>\nDemand (Q)<\/strong><\/td>\n<\/td>\nPrice($)<\/strong><\/td>\nSupply (Q)<\/strong><\/td>\n<\/td>\nPrice ($)<\/strong><\/td>\nDemand (Q)<\/strong><\/td>\nSupply (Q)<\/strong><\/td>\n<\/tr>\n
$0.75<\/td>\n1000<\/td>\n<\/td>\n$0.75<\/td>\n500<\/td>\n<\/td>\n$0.75<\/td>\n1000<\/td>\n500<\/td>\n<\/tr>\n
$1.00<\/td>\n900<\/td>\n<\/td>\n$1.00<\/td>\n650<\/td>\n<\/td>\n$1.00<\/td>\n900<\/td>\n650<\/td>\n<\/tr>\n
$1.25<\/td>\n800<\/td>\n<\/td>\n$1.25<\/td>\n800<\/td>\n<\/td>\n$1.25<\/td>\n800<\/td>\n800<\/td>\n<\/tr>\n
$1.75<\/td>\n700<\/td>\n<\/td>\n$1.50<\/td>\n1000<\/td>\n<\/td>\n$1.50<\/td>\n700<\/td>\n1000<\/td>\n<\/tr>\n
$2.00<\/td>\n600<\/td>\n<\/td>\n$1.75<\/td>\n1400<\/td>\n<\/td>\n$1.75<\/td>\n600<\/td>\n1400<\/td>\n<\/tr>\n
$2.25<\/td>\n500<\/td>\n<\/td>\n$2.00<\/td>\n1500<\/td>\n<\/td>\n$2.00<\/td>\n500<\/td>\n1500<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n
Bison Bites<\/th>\n<\/th>\nBison Bites<\/th>\n<\/th>\nBison Bites<\/th>\n<\/tr>\n<\/thead>\n
Price ($)<\/strong><\/td>\nDemand (Q)<\/strong><\/td>\n\u00a0<\/strong><\/td>\nPrice($)<\/strong><\/td>\nSupply (Q)<\/strong><\/td>\n\u00a0<\/strong><\/td>\nPrice ($)<\/strong><\/td>\nDemand (Q)<\/strong><\/td>\nSupply (Q)<\/strong><\/td>\n<\/tr>\n
$1.00<\/td>\n1200<\/td>\n<\/td>\n$1.00<\/td>\n500<\/td>\n<\/td>\n$1.00<\/td>\n1200<\/td>\n500<\/td>\n<\/tr>\n
$1.25<\/td>\n1100<\/td>\n<\/td>\n$1.25<\/td>\n600<\/td>\n<\/td>\n$1.25<\/td>\n1100<\/td>\n600<\/td>\n<\/tr>\n
$1.50<\/td>\n900<\/td>\n<\/td>\n$1.50<\/td>\n700<\/td>\n<\/td>\n$1.50<\/td>\n900<\/td>\n700<\/td>\n<\/tr>\n
$1.75<\/td>\n800<\/td>\n<\/td>\n$1.75<\/td>\n900<\/td>\n<\/td>\n$1.75<\/td>\n800<\/td>\n900<\/td>\n<\/tr>\n
$2.00<\/td>\n700<\/td>\n<\/td>\n$2.00<\/td>\n1000<\/td>\n<\/td>\n$2.00<\/td>\n700<\/td>\n1000<\/td>\n<\/tr>\n
$2.25<\/td>\n400<\/td>\n<\/td>\n$2.25<\/td>\n1400<\/td>\n<\/td>\n$2.25<\/td>\n400<\/td>\n1400<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n
Lamb Lovies<\/th>\n<\/th>\nLamb Lovies<\/th>\n<\/th>\nLamb Lovies<\/th>\n<\/tr>\n<\/thead>\n
Price ($)<\/strong><\/td>\nDemand (Q)<\/strong><\/td>\n\u00a0<\/strong><\/td>\nPrice($)<\/strong><\/td>\nSupply (Q)<\/strong><\/td>\n\u00a0<\/strong><\/td>\nPrice ($)<\/strong><\/td>\nDemand (Q)<\/strong><\/td>\nSupply (Q)<\/strong><\/td>\n<\/tr>\n
$1.75<\/td>\n1500<\/td>\n<\/td>\n$1.75<\/td>\n800<\/td>\n<\/td>\n$1.75<\/td>\n1500<\/td>\n800<\/td>\n<\/tr>\n
$2.00<\/td>\n1400<\/td>\n<\/td>\n$2.00<\/td>\n900<\/td>\n<\/td>\n$2.00<\/td>\n1400<\/td>\n900<\/td>\n<\/tr>\n
$2.25<\/td>\n1200<\/td>\n<\/td>\n$2.25<\/td>\n1000<\/td>\n<\/td>\n$2.25<\/td>\n1200<\/td>\n1000<\/td>\n<\/tr>\n
$2.50<\/td>\n1000<\/td>\n<\/td>\n$2.50<\/td>\n1200<\/td>\n<\/td>\n$2.50<\/td>\n1000<\/td>\n1200<\/td>\n<\/tr>\n
$2.75<\/td>\n800<\/td>\n<\/td>\n$2.75<\/td>\n1400<\/td>\n<\/td>\n$2.75<\/td>\n800<\/td>\n1400<\/td>\n<\/tr>\n
$3.00<\/td>\n700<\/td>\n<\/td>\n$3.00<\/td>\n1600<\/td>\n<\/td>\n$3.00<\/td>\n700<\/td>\n1600<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n
Party Pooch<\/th>\n<\/th>\nParty Pooch<\/th>\n<\/th>\nParty Pooch<\/th>\n<\/tr>\n<\/thead>\n
Price ($)<\/strong><\/td>\nDemand (Q)<\/strong><\/td>\n\u00a0<\/strong><\/td>\nPrice($)<\/strong><\/td>\nSupply (Q)<\/strong><\/td>\n\u00a0<\/strong><\/td>\nPrice ($)<\/strong><\/td>\nDemand (Q)<\/strong><\/td>\nSupply (Q)<\/strong><\/td>\n<\/tr>\n
$16.00<\/td>\n1400<\/td>\n<\/td>\n$16.00<\/td>\n600<\/td>\n<\/td>\n$16.00<\/td>\n1400<\/td>\n600<\/td>\n<\/tr>\n
$18.00<\/td>\n1200<\/td>\n<\/td>\n$18.00<\/td>\n700<\/td>\n<\/td>\n$18.00<\/td>\n1200<\/td>\n700<\/td>\n<\/tr>\n
$20.00<\/td>\n1100<\/td>\n<\/td>\n$20.00<\/td>\n800<\/td>\n<\/td>\n$20.00<\/td>\n1100<\/td>\n800<\/td>\n<\/tr>\n
$22.00<\/td>\n1000<\/td>\n<\/td>\n$22.00<\/td>\n1000<\/td>\n<\/td>\n$22.00<\/td>\n1000<\/td>\n1000<\/td>\n<\/tr>\n
$24.00<\/td>\n900<\/td>\n<\/td>\n$24.00<\/td>\n1200<\/td>\n<\/td>\n$24.00<\/td>\n900<\/td>\n1200<\/td>\n<\/tr>\n
$26.00<\/td>\n800<\/td>\n<\/td>\n$26.00<\/td>\n1400<\/td>\n<\/td>\n$26.00<\/td>\n800<\/td>\n1400<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Income Information<\/h2>\n

Here is a summary of Wanda\u2019s Salty Pawz income information for the past 6 months.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
INCOME:<\/th>\n<\/td>\n<\/td>\n<\/tr>\n
Party Pooch<\/td>\n<\/td>\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a040,500.00<\/td>\n<\/tr>\n
Chicken Cuties<\/td>\n<\/td>\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a016,200.00<\/td>\n<\/tr>\n
Bison Bites<\/td>\n<\/td>\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a04,515.00<\/td>\n<\/tr>\n
Lamb Lovies<\/td>\n<\/td>\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a028,800.00<\/td>\n<\/tr>\n
TOTAL INCOME:<\/strong><\/td>\n<\/td>\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a090,015.00<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
COST OF GOODS SOLD:<\/th>\n<\/td>\n<\/td>\n<\/tr>\n
Party Pooch<\/td>\n<\/td>\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a021,060.00<\/td>\n<\/tr>\n
Chicken Cuties<\/td>\n<\/td>\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a08,424.00<\/td>\n<\/tr>\n
Bison Bites<\/td>\n<\/td>\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a04,515.00<\/td>\n<\/tr>\n
Canine Craving<\/td>\n<\/td>\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a015,120.00<\/td>\n<\/tr>\n
Total cost of sales<\/td>\n<\/td>\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a049,119.00<\/td>\n<\/tr>\n
GROSS PROFIT<\/th>\n<\/td>\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a040,896.00<\/strong><\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
OPERATING EXPENSES:<\/th>\n<\/td>\n<\/td>\n<\/tr>\n
Rent<\/td>\n<\/td>\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u2013<\/td>\n<\/tr>\n
Electricity<\/td>\n<\/td>\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u2013<\/td>\n<\/tr>\n
Telephone<\/td>\n<\/td>\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0600.00<\/td>\n<\/tr>\n
Water \/Sewer<\/td>\n<\/td>\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u2013<\/td>\n<\/tr>\n
Internet<\/td>\n<\/td>\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0360.00<\/td>\n<\/tr>\n
Website<\/td>\n<\/td>\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a01,050.00<\/td>\n<\/tr>\n
Salaries<\/td>\n<\/td>\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u2013<\/td>\n<\/tr>\n
Owner\u2019s Draw<\/td>\n<\/td>\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a06,000.00<\/td>\n<\/tr>\n
Office Supplies<\/td>\n<\/td>\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0300.00<\/td>\n<\/tr>\n
Loan Payment<\/td>\n<\/td>\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u2013<\/td>\n<\/tr>\n
Insurance<\/td>\n<\/td>\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0510.00<\/td>\n<\/tr>\n
Other<\/td>\n<\/td>\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u2013<\/td>\n<\/tr>\n
TOTAL EXPENSES<\/th>\n<\/td>\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a08,820.00<\/strong><\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
NET INCOME<\/th>\n<\/td>\n<\/td>\n<\/tr>\n
BEFORE TAXES<\/strong><\/td>\n<\/td>\n$ \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a032,076.00<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n\n\t\t\t
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Candela Citations<\/h3>\n\t\t\t\t\t
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