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Project Report on Accounting for Business

   

Added on  2020-04-07

14 Pages3286 Words61 Views
Accounting for business 1Project Report: Accounting for business

Accounting for business 2Executive summaryThis description has been equipped to investigate 2 investment proposals. In this paper, restaurant and new machineries, both investments have been analyzed. For it, various techniques have been investigated according to the investment proposals. This report expresses the reader about the diverse techniques that could be used to examine both the investment proposal of the company. In this report paper, various aspects such as purpose of the investment and the report, scope of the investment and the report, limitations etc have been analyzed. Further, scope of investment and nature of investments also have been examined. Further, investment opportunity of restaurant and new machineries has been analyzed. Lastly, both the investment has been compared to find the better proposals of the investment.

Accounting for business 3Introduction:The specified case study represent that 2 investment suggestions have been accessible by the marketing student, Mark and Paul. They have briefed both the orders in front of many people to make some investment into the opportunities and improve the value of invested money. In this case study paper, different methods and equipment have been contested to investigate and compare the best investment proposal into given proposals by the Mark and Paul. Capital budgeting techniques and tools have been used in this report to analyze the first investment proposal and budgeting techniques and tools have been used in this report for the second proposal proposed by Mark and Paul (Garrison et al, 2010). This case study depict that, the major aphorism of this report paper is to examine the best venture opportunity whichwould present the people who has invested their amount, more return and the suggestion of the asset would be striking for the people. More, various limitations and scopes are situated of both the investment with the nature of the investment. Through this report, it has been found that the opportunities and the nature of the business are more striking and these opportunities make it a profitable deal for the investors as the investment would be higher. Nature and scope of investment:Investments are the amount which is proposed by an individual, government or a firm into some financial securities or business proposals from their savings to encourage the value of the savings amount. The investment is a back bone of every organization. If an organization do not get any investment from the market then it becomes quite tough for the organization to run the business (Brewer, Garrison and Noreen, 2005). The nature of the investment is viable in nature and at the same time, the scope of investment is quite wider. The investment opportunity must be analyzed by the investor before investing the amount in that so that a better result could be got. First Investment opportunity:Mark and Paul, the marketing student of a university has proposed two investment opportunity to invest and enhance the value of the money. First opportunity offered by them is the investment into a new business, restaurant. In the case study, various revenues and expenditure have been described by them which are required to start the business. Through the case study, it has been found that the return from this technique could be investigated

Accounting for business 4through the technique of budgeting report. Following are the details which have been given by the Mark and Paul for this investment is:Restaurant Purchase and ExpensesMachinery/ equipment $ 1,10,000Furniture (tables and chairs) $ 30,000Vehicle (Deliveries) $ 43,000Utensils (cups, plates) $ 18,000Produce (for 1 week) $ 10,000Drinks (For 1 month) $ 20,000Jun-01Bank $ 80,000Purchase of $10,000 for a week from June 1 and the amount of purchasewould be given to suppliers from 1 august. Purchase of $ 20,000 for 1 month from July-1 and the amountof purchase would be given to suppliers periodically which is asfollows:10% in current month45% in second month45% in third monthLabourNumber of casual labour3Working in a day (hours)6 hoursIn a week (days)6 daysRate$ 23 per hourDrawings $ 10000 each per monthOverhead $ 5,000Sales20000 meals in first month18000 meals in second month18000 meals in third month22000 in forth monthAverage selling price $ 45

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