Here is the synopsis of our sample research paper on Projected Accounts Case Study. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 6 page paper shows the student how to project future accounts when the most recent accounts are available and the different increases in cost and income are known in percentage tools. The paper shows the individual calculation and the presents the new profit and loss account and balance sheet. The bibliography cites 1 source.
Page Count:
6 pages (~225 words per page)
File: TS14_TEprojaccts1.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
at each item and calculate the changes and then put them into the accounts that will be presented at the end of the paper. During the year 2004-5 the
caf? was open five days a week for 48 weeks of the year but during the year 2005-6 it will be open six days a week for 50 weeks of
the year For this we need to look at the average sales per day this year and then we can calculate the extra days open in the following year to
assess the impact of the additional days open. The first stage is to calculate the average revenue per day Table 1 Average revenue per day 2004/5 Days open per
week (a) Weeks open per year (b) Days open per year (c) (axb) Revenue for the year (d) Average revenue per day (d/c) 2004/5 5 48 240 120,000 500 With
this we can assess the level of the sales for the next year assuming the rate of sales will be the same each day, as stated in point c.
Table 2 Estimates sales for additional days in 2005/6 Days per week open (a) Weeks open in the year (b) Days open per year (c) (axb) Average sales per
day (from table 1) (d) Estimated total for the year (cxd) 2005/6 6 50 300 500 150000 This gives us the
new income figure, but we cannot out this into the accounts yet as the pricess are going up. All selling prices will be raised by 10% With this we
need to take the new level of income estimated at the 2004/5 levels and forecast the 2005/6 levels with the 10% price increase. This gives us the following Table 3
...