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fill in the the blanks From: You will likely be ableot...

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Accounting

fill in the the blanks
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From: You will likely be ableot be able (put in appropriate choice here, removing red coaching) to borrow $37,000 to buy the bus under the bank's current terms. Your profits for a typical year is $xx,xxx with 20 campers and $x0x with 30 campers. That forecast is based current tuition and costs of running the camp, which can change. A schedule of the cash flows and the profits by month are shown below. Notice the profit amounts differ between accrual basis and cash basis because explain here CASH BASIS: Revenue Counselor salary expense Supplies expense Utilities, horses, food Profits ACCRUAL BASIS: Revenue Counselor salary expense Supplies expense Utilities, horses, food Profits At lower levels (20 campers), you can repay the bus loan __ give estimated time interval here___ assuming you dedicate all the cash flow from the summer camp to the loan, without accounting for interest costs or changes in vendor pricing or staff salaries. While this is below the bank's 24-month repayment span, you might give the bank assurance by put your ideas here! to secure the loan

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