I need an answer Financial feasibility Case-study Suppose you intend to open a...

80.2K

Verified Solution

Question

Accounting

image

I need an answer

Financial feasibility Case-study Suppose you intend to open a business in the local shopping centr by an average of 950000 customers per month. There are alre centre providing the same service and each shop is visited by customers per month. Your new business will not enjoy a full beginning. The sales for the first year can be estimated at 60% of average selling price per unit is R55 and the average cost price from a supplier that gives 5% discount. The business is open fo all transactions are strictly cash. Calculate the gross profit per month. Financial feasibility Case-study Suppose you intend to open a business in the local shopping centr by an average of 950000 customers per month. There are alre centre providing the same service and each shop is visited by customers per month. Your new business will not enjoy a full beginning. The sales for the first year can be estimated at 60% of average selling price per unit is R55 and the average cost price from a supplier that gives 5% discount. The business is open fo all transactions are strictly cash. Calculate the gross profit per month

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students