BUSINESS ACTIVITY 20 Calculate the finance you need. This is the amount needed for investment and for working capital. ● Use the form below to write down the value of the different investment items necessary to run your future business. FINANCE NEEDS INVESTMENT Land - Building Machinery - Vehicle - Miscellaneous - TOTAL INVESTMENT FINANCE NEEDS WORKING CAPITAL TOTAL FINANCE NEEDED Amount (Php)

Personal Finance
13th Edition
ISBN:9781337669214
Author:GARMAN
Publisher:GARMAN
Chapter1: Understanding Personal Finance
Section: Chapter Questions
Problem 5FPC
icon
Related questions
Question

Answer the tables below. Example of business would be a coffee shop or a pastry shop. 

BUSINESS ACTIVITY 20
Calculate the finance you need. This is the amount needed for investment and for
working capital.
• Use the form below to write down the value of the different investment items
necessary to run your future business.
FINANCE NEEDS
INVESTMENT
- Land
- Building
-
Machinery
Vehicle
- Miscellaneous
TOTAL INVESTMENT
FINANCE NEEDS
WORKING CAPITAL
TOTAL FINANCE NEEDED
Amount (Php)
Transcribed Image Text:BUSINESS ACTIVITY 20 Calculate the finance you need. This is the amount needed for investment and for working capital. • Use the form below to write down the value of the different investment items necessary to run your future business. FINANCE NEEDS INVESTMENT - Land - Building - Machinery Vehicle - Miscellaneous TOTAL INVESTMENT FINANCE NEEDS WORKING CAPITAL TOTAL FINANCE NEEDED Amount (Php)
BUSINESS ACTIVITY 19
BUSINESS START-UP OPERATING PAYMENTS
Estimated monthly
operating costs
Rent of business premises
Purchase of stock
Insurance
Electricity
Telephone
Office supplies, paper, etc.
Promotion and advertising
Loan repayment
Owner's salary
Staff wages
Depreciation
TOTAL
WORKING CAPITAL
Operating expenses for
the
months
Transcribed Image Text:BUSINESS ACTIVITY 19 BUSINESS START-UP OPERATING PAYMENTS Estimated monthly operating costs Rent of business premises Purchase of stock Insurance Electricity Telephone Office supplies, paper, etc. Promotion and advertising Loan repayment Owner's salary Staff wages Depreciation TOTAL WORKING CAPITAL Operating expenses for the months
Expert Solution
steps

Step by step

Solved in 2 steps with 3 images

Blurred answer
Knowledge Booster
Planning
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Personal Finance
Personal Finance
Finance
ISBN:
9781337669214
Author:
GARMAN
Publisher:
Cengage
Corporate Fin Focused Approach
Corporate Fin Focused Approach
Finance
ISBN:
9781285660516
Author:
EHRHARDT
Publisher:
Cengage
Pfin (with Mindtap, 1 Term Printed Access Card) (…
Pfin (with Mindtap, 1 Term Printed Access Card) (…
Finance
ISBN:
9780357033609
Author:
Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Publisher:
Cengage Learning
Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
Accounting
ISBN:
9781337788281
Author:
James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:
Cengage Learning
Century 21 Accounting Multicolumn Journal
Century 21 Accounting Multicolumn Journal
Accounting
ISBN:
9781337679503
Author:
Gilbertson
Publisher:
Cengage
Century 21 Accounting General Journal
Century 21 Accounting General Journal
Accounting
ISBN:
9781337680059
Author:
Gilbertson
Publisher:
Cengage