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  3. required: do a balance sheet for the above informa

Required: Do a balance sheet for the above information for a startup business...

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Accounting

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Required:

Do a balance sheet for the above information for a startup business plan by estimating revenue

each investor will participate in cash needed. ( no loans )

all info required is there, tell me what you want and I l'll look to it
Cost Expenses Rent SAR 150,000 VAT SAR 7,500 Utilities expenses SAR 53,200 SAR 123,950 Furniture and Decoration Equipment SAR 71,240 Software SAR 29,000 SAR 16,000 Advertisement and Promotions Licenses and Permits SAR 30,000 Prepaid Insurance SAR 49,980 Salaries and Wages SAR 226,000 Supplies SAR 23,888 Total Startup Cash Needed SAR 780,758 If a customer ordered a tea with SAR 17, one of our desserts with SAR 5, and bought a tshirt which cost SAR 20, that would be equivalent to SAR 42/customer. 40 Saudi Riyal*30 customers per day =SAR 1,260/day. So, Break-even point = 756,870 = 600 = 600 = 1.6 1,260 To reach break even we need 1.6 years 365

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