Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Look up keyword
Like this
28Activity
0 of .
Results for:
No results containing your search query
P. 1
Northern Southerners Financial Statements

Northern Southerners Financial Statements

Ratings:

5.0

(2)
|Views: 87,120|Likes:
Published by eleetmusic
Financial plan summary including Start Up Costs, Break Even Analysis, Balance Sheet, Projected Income and Cash Flow Statement.
Financial plan summary including Start Up Costs, Break Even Analysis, Balance Sheet, Projected Income and Cash Flow Statement.

More info:

Published by: eleetmusic on Nov 26, 2010
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as XLS, PDF, TXT or read online from Scribd
See more
See less

08/25/2014

pdf

text

original

 
prepared by Kevin English | eleetmusic[dot]com | copyright 2009 - 2010
Start Up Costs for The Northern Southerners
ITEMQTYCOST
Design ServicesLogo 1 $350.00CD Eco Wallet 1 $350.00
Opening Inventory
CD's in Jewel Cases 1000 $1,050.00 T-Shirts 100 $500.00Download Cards 2500 $675.0011x17 Posters 1000 $375.00
Internet Presence
Biography 1 $150.00Blog Creation 1 $350.00Customized Myspace Page 1 $300.00Photo Shoot 2 $500.00Electronic Press Kit 1 $250.00Bandcamp Customization 1 $150.00
Equipment
Mac Book Pro 1 $2,000.00High Resoultion Video Phone 2 $600.00
Registration fees
Copyrights 4 $150.00National Assoc. of Campus Activities $800.00
Total Start Up Cost
$8,550.00
Working Capital91,500.00
 Total Capital Needed 100,050.00
 
Balance Sheet for The Northern Southerners
AssetsLiabilities and Owners' Equity
Cash $1,000
Liabilities
Accounts Receivable $500 $8,000
Total liabilities
$8,000$12,000
Owners' equity
Capital Stock 0$5,500
Total owners' equity 
$5,500
Total
$13,500
Total
$13,500Bank Loans/Credit CardPayablesComputers and studio/bandequipmentRetainedEarnings
 
Break Even Analysis for The Northern Southerners
Cost DescriptionCostsPer MonthVariable Costs
Cost of Good Sold (C.O.G.S) $10.00
Fixed Costs
Utilities $350.00Salary $2,350.00Advertising and Promotion $2,000.00Insurance $200.00Interest $500.00Rent $2,100.00Other (specify) $0.00 Total Costs $7,510.00
Price per Unit$20.00# of Units You Need to Sell in order to Break Even750Per Month

Activity (28)

You've already reviewed this. Edit your review.
Deborah Magone reviewed this
Rated 5/5
Thank You for sharing this. Its very helpful !
NathanGranner liked this

You're Reading a Free Preview

Download
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->