You wanted to join a booth fair, and you are aiming to get a profit that is twice as your capital. Your starting capital is P15,000.00. Make a financial plan for the booth that you will set up and the product that you will sell. You may use the sample plan below: FINANCIAL PLAN Product: Description of product: Goal: Capital: P15,000.00 Fixed Cost (Labor, Machineries, Expenses for the booth etc): Variable Cost (Materials, Ingredients, etc): Profit function: Prove that profit function will yield an amount that is twice the capital
You wanted to join a booth fair, and you are aiming to get a profit that is twice as your capital. Your starting capital is P15,000.00. Make a financial plan for the booth that you will set up and the product that you will sell. You may use the sample plan below: FINANCIAL PLAN Product: Description of product: Goal: Capital: P15,000.00 Fixed Cost (Labor, Machineries, Expenses for the booth etc): Variable Cost (Materials, Ingredients, etc): Profit function: Prove that profit function will yield an amount that is twice the capital
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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