Business Report of Mark and Paul Assignment
Added on -2020-07-22
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BUSINESS REPORT
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1INVESTMENT 1.............................................................................................................................1A. Explaining nature and scope of investments to Mark and Paul.........................................1B. Budgets for June - September............................................................................................1C. Analysing critically these three budgets and forecasted information................................3D. Considering the practical issue to invest in restaurant by Mark and Paul.........................4INVESTMENT 2.............................................................................................................................4A. Calculations for NPV, accounting rate of return and payback period...............................4B. Comparing and contrasting two investments suitable for Mark and Paul.........................6CONCLUSION................................................................................................................................7REFERENCES................................................................................................................................8APPENDIX......................................................................................................................................9
INTRODUCTIONBusiness reports are prepared to provide necessary information to managers as well asother stakeholders of the entity. It consists of various financial, statistical data that helps theprofessionals of firm in making fruitful decisions as well as forecasting the costs for futureinvestments. In the present report, there has been use of several financial tools that will bebeneficial in providing necessary solutions or investment suggestions to Mark and Paul. Itconsists of various budgets that will explain forecasting of costs or expenses for the future inparticular statements.Purpose: Present report will describe the use of financial tools that will be helpful in makingestimation for the future growth.Scope: The budgetary tool will be beneficial in making estimation and corrective decisions thatwill help in providing necessary solution to any monetary problems.Limitations: For preparing this report, the budgets were made on the basis of 4 month’s data. Inthe case of availability of more data firm would become able to conduct in-depth investigation soit is recognized as limitation. INVESTMENT 1A. Explaining nature and scope of investments to Mark and PaulInvestments are made by stakeholders in an organisation as an initial cost that willgenerate more revenue and reserves for the organisational heads (Bennouna and et.al., 2010).Mark and Paul will be benefited as they will get better knowledge about the nature and scope ofinvestments.Making an investment will help in proper decision making by both the partners. It willhelp them in knowing the loopholes and better managerial functioning in restaurant.With the help of investments, they will be able to generate funds for fruitful operations ofbusiness (Chen and et.al., 2012).Helps in analysing the requirements of costs to be needed for future tasks. These will bemeasured by accounting professionals of the organisation in making statements orplanning budgets for investments.B. Budgets for June - SeptemberSales budget:1
SALES BUDGET PARTICULARSJuneJulyAugustSeptemberSales unit (meals)20000180001800022000prices45454545Total sales (meals)900000810000810000990000Sales unit (Drink)450000405000405000495000prices6666Total Sales (Drink)2700000243000024300002970000TOTAL SALES3600000324000032400003960000Labour budget:LABOUR BUDGETPARTICULARSJuneJulyAugustSeptemberProduction per unit (meals)20000180001800022000labour per hour6666Budgeted labour hours120000108000108000132000cost of labour per hour23232323budgeted labour cost2760000248400024840003036000Production per unit (drinks)450000405000405000495000labour per hour6666Budgeted labour hours2700000243000024300002970000cost of labour per hour23232323budgeted labour cost62100000558900005589000068310000Total Labour cost64860000583740005837400071346000Cash budget:CASH BUDGETPARTICULARSJuneJulyAugustSeptembertotalopening cash8000034640006667000982300013699000Add: budgeted cash360000032400003240000396000014040000Total cash368000067040009907000137830002
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