01 Jul Hello, I have this following project that I need it completed by July 3rd. I have attached the following instructions for the project as well as the required docu
Hello, I have this following project that I need it completed by July 3rd. I have attached the following instructions for the project as well as the required documents.
Thank you!
P&L
| All-Store Profit & Loss Statement | |||||||
| Profit & Loss | January | February | March | April | May | June | |
| Total revenue | $ 650,037.00 | $ 622,477.00 | $ 594,917.00 | $ 567,357.00 | $ 539,797.00 | $ 512,237.00 | |
| Less cost of goods sold | $ 425,774.24 | $ 407,722.44 | $ 389,670.64 | $ 371,618.84 | $ 353,567.04 | $ 335,515.24 | |
| Gross Profit | $ 224,262.76 | $ 214,754.57 | $ 205,246.37 | $ 195,738.16 | $ 186,229.96 | $ 176,721.77 | |
| Expenses | |||||||
| Accounting and legal fees | $ 2,597.00 | $ 2,273.00 | $ 2,396.00 | $ 2,788.00 | $ 2,328.00 | $ 2,116.00 | |
| Advertising | $ 10,424.43 | $ 7,828.92 | $ 5,432.84 | $ 8,426.54 | $ 1,735.09 | $ 6,167.04 | |
| Depreciation | $ 3,800.00 | $ 3,800.00 | $ 3,800.00 | $ 3,800.00 | $ 3,800.00 | $ 3,800.00 | |
| Electricity | $ 2,700.00 | $ 2,700.00 | $ 2,700.00 | $ 2,700.00 | $ 2,700.00 | $ 2,700.00 | |
| Insurance | $ 9,200.00 | $ 9,200.00 | $ 9,200.00 | $ 9,200.00 | $ 9,200.00 | $ 9,200.00 | |
| Interest and bank charges | $ 504.46 | $ 409.24 | $ 344.53 | $ 569.77 | $ 331.61 | $ 586.74 | |
| Shipping & postage | $ 1,601.88 | $ 2,816.37 | $ 2,116.86 | $ 2,338.60 | $ 2,092.21 | $ 2,324.49 | |
| Printing and stationery | $ 488.35 | $ 715.25 | $ 542.00 | $ 371.18 | $ 484.02 | $ 456.18 | |
| Professional memberships | $ 580.00 | $ 580.00 | $ 580.00 | $ 580.00 | $ 580.00 | $ 580.00 | |
| Rent for premises | $ 5,000.00 | $ 5,000.00 | $ 5,000.00 | $ 5,000.00 | $ 5,000.00 | $ 5,000.00 | |
| Repairs and maintenance | $ 774.14 | $ 209.72 | $ 455.88 | $ 935.95 | $ 80.64 | $ 812.08 | |
| Training | $ 121.85 | $ 191.27 | $ 170.53 | $ 176.69 | $ 177.25 | $ 146.02 | |
| Wages and salaries | $ 47,000.00 | $ 45,698.00 | $ 48,111.00 | $ 47,327.00 | $ 44,779.00 | $ 45,819.00 | |
| Workers compensation | $ 3,500.00 | $ 3,500.00 | $ 3,500.00 | $ 3,500.00 | $ 3,500.00 | $ 3,500.00 | |
| Less | Total Expenses | $ 88,292.11 | $ 84,921.76 | $ 84,349.64 | $ 87,713.74 | $ 76,787.83 | $ 83,207.55 |
| Equals | Net Profit (income) | $ 135,970.66 | $ 129,832.81 | $ 120,896.73 | $ 108,024.43 | $ 109,442.14 | $ 93,514.22 |
Net Profit (income) January February March April May June 135970.65791965276 129832.80997003146 120896.72941983343 108024.42830333773 109442.13688028869 93514.219290182315
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All-Store Store Hours and Staffing Notes
Store Hours (require at least six sales associates and one manager during nonpeak hours): • Monday–Saturday: 7:00a.m.–10:00p.m.
• Sunday: 9:00a.m.–10:00p.m.
Peak Hours (require at least 10 sales associates and two managers): • Monday, Thursday, and Friday: 5:00p.m.–7:00p.m.
• Saturday: 10:00a.m.–7:00p.m.
• Sunday: 12:00p.m.–5:00p.m.
Notes from the General Manager: • There are two types of employees: sales associates and managers.
• Sales associates have an estimated labor cost of $12.50 per hour.
• Managers have an estimated labor cost of $20 per hour.
• Labor cost includes all taxes, benefits, and other costs, so you do not need to take those into
account.
• Managers are full-time, so they typically work approximately 40 hours per week.
• Sales associates are part time, so they must work no more than 30 hours per week.
• Please don’t take time off into account in your work.
• These are the minimum requirements for continuous coverage, and must be met in order
for the store to run.
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Loan Estimate
Date Issued June 16
Loan ID
#123456789
Applicant All-Store Loan Term 5 years
Sale Price $150,000 Purpose Purchase
Loan Terms
Loan Amount $100,000
Interest Rate 7.00% Fixed rate
Monthly Principal and Interest $1,980.12
Prepayment Penalty No
Balloon Payment No
Projected Payments
Years 1–5 Years 6–10 Years 11–15
Monthly Principal and Interest $1,980.12 N/A N/A
Property Insurance $250.00 N/A N/A
Property Taxes in Escrow $1250.00 N/A N/A
Total Monthly Payment $3480.12 N/A N/A
Costs at Closing
Estimated Closing Costs $0.00 Note: Closing costs paid by seller
Down Payment $50,000.00 Due to seller
1
,
$50,396.00
$67,548.51
$67,698.94
$50,546.43
Date Description Withdrawals Deposits Balance
23-Jun DEPOSIT 8,698.18$ $59,094.18
24-Jun GOODS DELIVERY 6,445.16$ $52,649.02
24-Jun SHIPPING CHARGE 100.00$ $52,549.02
24-Jun DEPOSIT 7,442.06$ $59,991.08
24-Jun MKTING SVC 13,598.32$ $46,392.76
25-Jun ACCOUNTING SVCS 11,116.00$ $35,276.76
25-Jun GOODS DELIVERY 4,796.55$ $30,480.21
25-Jun SHIPPING CHARGE 100.00$ $30,380.21
25-Jun DEPOSIT 9,334.62$ $39,714.83
26-Jun PAYROLL 3,821.93$ $35,892.90
27-Jun GOODS DELIVERY 1,706.14$ $34,186.76
27-Jun GOODS DELIVERY 12,056.00$ $22,130.76
27-Jun SHIPPING CHARGE 100.00$ $22,030.76
27-Jun DEPOSIT 8,282.30$ $30,313.06
28-Jun GOODS DELIVERY 8,408.41$ $21,904.65
28-Jun SHIPPING CHARGE 200.00$ $21,704.65
28-Jun DEPOSIT 10,532.21$ $32,236.86
30-Jun RENTAL CHARGE 5,000.00$ $27,236.86
30-Jun SHIPPING CHARGE 100.00$ $27,136.86
30-Jun DEPOSIT 23,409.57$ $50,546.43
Balance as of June 23:
Total Withdrawals:
Total Deposits:
Balance as of June 30:
Your Account Summary
