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After the pandemic conditions subsided, economic activity and transportation began to improve. Anton as a final semester literature student will try to start a Gojek business. With IDR 1,500,000 (including DP, admin fees, and credit insurance), he took a Honda motorcycle loan worth IDR 14,000,000 which will be paid in installments for 2 years (remaining 23 installments) with principal installments plus interest of IDR 850,000 per month. Gojek's average income is IDR 325,000 per day (25 working days). To eat 3 meals a day and fuel an average of IDR 75,000 and set aside daily money (personal wage) IDR 100,000 per working day. Average monthly motorcycle service IDR 120.000. After 2 years the motorbike was worth selling IDR 8,000,000. a. Make a calculation of monthly cash flow and monthly profit and loss for 2 years. b. Make a balance sheet at the end of the 1st and 2nd year c. Do you think Anton's plan is worth working on? Give your suggestions.

After the pandemic conditions subsided, economic activity and transportation began to improve. Anton as a final semester literature student will try to start a Gojek business. With IDR 1,500,000 (including DP, admin fees, and credit insurance), he took a Honda motorcycle loan worth IDR 14,000,000 which will be paid in installments for 2 years (remaining 23 installments) with principal installments plus interest of IDR 850,000 per month. Gojek's average income is IDR 325,000 per day (25 working days). To eat 3 meals a day and fuel an average of IDR 75,000 and set aside daily money (personal wage) IDR 100,000 per working day. Average monthly motorcycle service IDR 120.000. After 2 years the motorbike was worth selling IDR 8,000,000. a. Make a calculation of monthly cash flow and monthly profit and loss for 2 years. b. Make a balance sheet at the end of the 1st and 2nd year c. Do you think Anton's plan is worth working on? Give your suggestions.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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After the pandemic conditions subsided, economic activity and transportation began to improve. Anton as a final semester literature student will try to start a Gojek business. With IDR 1,500,000 (including DP, admin fees, and credit insurance), he took a Honda motorcycle loan worth IDR 14,000,000 which will be paid in installments for 2 years (remaining 23 installments) with principal installments plus interest of IDR 850,000 per month. Gojek's average income is IDR 325,000 per day (25 working days). To eat 3 meals a day and fuel an average of IDR 75,000 and set aside daily money (personal wage) IDR 100,000 per working day. Average monthly motorcycle service IDR 120.000. After 2 years the motorbike was worth selling IDR 8,000,000. a. Make a calculation of monthly cash flow and monthly profit and loss for 2 years. b. Make a balance sheet at the end of the 1st and 2nd year c. Do you think Anton's plan is worth working on? Give your suggestions.
Transcribed Image Text:After the pandemic conditions subsided, economic activity and transportation began to improve. Anton as a final semester literature student will try to start a Gojek business. With IDR 1,500,000 (including DP, admin fees, and credit insurance), he took a Honda motorcycle loan worth IDR 14,000,000 which will be paid in installments for 2 years (remaining 23 installments) with principal installments plus interest of IDR 850,000 per month. Gojek's average income is IDR 325,000 per day (25 working days). To eat 3 meals a day and fuel an average of IDR 75,000 and set aside daily money (personal wage) IDR 100,000 per working day. Average monthly motorcycle service IDR 120.000. After 2 years the motorbike was worth selling IDR 8,000,000. a. Make a calculation of monthly cash flow and monthly profit and loss for 2 years. b. Make a balance sheet at the end of the 1st and 2nd year c. Do you think Anton's plan is worth working on? Give your suggestions.
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