Quantitive Principles

Jeff A. Lehart Ashford University BUS 599 Quantitive Principles Dr. Singh November 13, 2011 The purpose of this report is to determine how well the Lemonade light end is performing in its starting time year. The report put up behind go into detail about different aspects of the info and explain what they mean. The data was gathered from the difference financial proceedings that occurred during the 6 old age of season one of the Lemonade Stand. The first item that you will hear when looking at the financials and the try on page is the forming of a contributionnership. This part of the financial report shows that deuce partners equally invested twenty dollars into the Lemonade Stand. This content that each partner has twenty dollars of possessor rectitude in the business for a tot of forty dollars. Owner legality is defined as the owners claim on assets minus every liabilities (Ross, 2007). This poesy shows how a great deal the owner is deservi ng based on the ordinance assets minus liabilities equal equity. The diary will in any case outline several other transactions much(prenominal)(prenominal) as account brook up to(p). Accounts collectible is a incoming expenditure a company will prolong to pay (Ross, 2007). The examples in these financial reports of accounts payable are for perverting supplies such as pitchers, spoons, etc.

These items were purchased by the partners for their company and will submit to be pay in the future. This is listed under expenses since this is where you have to buy growths to be able to have materials for you to sell. Expenses are defined as the cost to run, keep, or expand a b usiness (Ross, 2007). The accounts payable w! ill herald you what you owe for needed materials to operate your business. These come when coupled with assets and equity will show the health of your business. The journal will also reflect caudex that is materials that were purchased for sale that you up to now have. Figuring your inventory will let you roll in the hay how much product you have on hand so you know how much product you will need for...If you want to progress to a sufficient essay, order it on our website: OrderEssay.net

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