Business Management Capstone (QGT1)

Explain the purpose of each of the three primary financial statements (income statement, balance sheet, and statement of cash flows) in determining the financial position of the company.

Describe one example for each of the three activities of cash for the company: 

• Operating: 
• Investing: 
• Financing:

Please give me two business goals in support of this mission statement
The mission is to offer quality libations to the discerning public; providing an array of classic cocktails, craft creations, and non-alcoholic refreshments; surrounded by a combination of refinement and mad science, made entertaining and approachable. 

• Discuss the depreciation of the company’s long-term asset(s) over time.
  • Your depreciation discussion will be based on the long-term assets identified for your specific company. Depreciation is a reduction in the value of an asset with time, due to wear and tear. 
  • How would the long-term assets of your company depreciate over time?
  • Long term assets:
    • Building (property)
    • Kitchen Equipment
    • Bar Equipment
    • Lounge furniture 
    • Party room furniture
    • Coat Check equipment
    • Office furniture
    • Televisions
    • laptops
       

What are the dollar amounts for monthly payroll expenses for a business with the following employees, including payroll taxes and health insurance. assuming a 40 hour work week.

big boss - $90,000

Social media specialist - $52,000/year

three managers - $78,000/year

six bartenders - $24/hr

four peons - $16.50/hr

six hosts - $19/hr

four cooks - $20/hr

What are the dollar amounts for monthly payroll expenses for a business with the following employees, including payroll taxes and health insurance. assuming a 40 hour work week.

big boss - $90,000

Social media specialist - $52,000/year

three managers - $78,000/year

six bartenders - $24/hr

four peons - $16.50/hr

six hosts - $19/hr

four cooks - $20/hr