Ashford Business 599 Econ Summary Report

Economic Summary Report Brett Patterson Business 599 Instructor Singh November 14, 2011 As we march on into season 3 of the lemonade carrel we set up come over that my barter has keep to educate a profit on the sign capital. By take c aring at the attached income and balance sheets we propose that the debt-equity ratio stay ond to decrease meaning that the point of view does non chip in a lot of debt (Brownfield, 2007). By anticipateing at the other ratios we see that lemonade stand is a successful contrast organisation. If you wait at the Balance Sheet for season 3 you back dismiss see that the cash has increased and the liabilities have decreased. This means in that location ar more(prenominal) assets available than debt, and that the stand was successful in season 3. By aspect at the income sheet you enkindle see that total earnings continued to increase dismission into season 3. My total earnings increased from season 2 to season 3 by almost $115. I find out as though this venture was well suited for me and my plans. If we look at the implicit r withalues we see that I made a total of $175 ($50 a season increase $25 the first season) just for starting my own business and being my own boss. This experience was very rewarding and taught me a lot about how to run a business. Furthermore, the implicit expenses are $6.00 for season 1, $6.50 for season 2, and $7.

25 for season 3. These expenses are what I could have been making had I decided to work at Wal-Mart or 7-11. I feel that my decision to open a lemonade stand was far more rewarding than works for soul else make even less money. Overall, the le monade stand was a uncollectible success. ! The prospect to run my own business far surpasses the cost of working for someone else. Had I had more time to continue my stand I think it would have made even more of a profit and further shown that this was the right weft for me scorn the alternate opportunities. The lemonade stand is a great prospect for anyone looking to learn the value of running a gnomish business and is well...If you want to get a full essay, drift it on our website: OrderEssay.net

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