Devry HSOP410 Week 3 assignment

Devry HSOP410 Week 3 assignment

Question # 00026243 Posted By: neil2103 Updated on: 09/20/2014 12:45 AM Due on: 09/30/2014
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Chapter 16 - Review Questions 1, 4, 8 (p. 485)

1. In drawing up a sales budget for a casual Italian restaurant, what percentage of weekly sales should be forecasted for Friday and Saturday evenings?

4. Aside from its value in planning, why is it essential to do a budget forecast of sales, costs, and profit?

8. The procedure in seeking a loan from the Small Business Administration is fairly elaborate. What is the usual sequence for this process?

Chapter 17 - Review Questions 2, 3, 9 (p. 513)

2. What are some dangers of operating a restaurant as a partnership?

3. If you wanted to operate your restaurant as a corporation but be taxed as an individual, how could you arrange this?

9. As a limited partner in a restaurant, what part do you have in making management and financial decisions?


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    Tutorial # 00025642 Posted By: neil2103 Posted on: 09/20/2014 12:46 AM
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