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summer camp budget Working Capital What makes our camp so unique in terms of business is the Requirements fact that it only operates for ten weeks during the summer,
favorite pastimes. He practiced everyday and played in jazz ensembles. He attended band camp, every summer, in the Ozark Mountains. He finally became a top saxophone
about themselves as they normally would, if they had a summer break of an adequate length. A summer camp professional states, "The biggest plus of camp is that camps
and Lenox Hill Hospitals. The Benefit Fund package was later extended to include vision, summer camp, scholarships, prescription drugs and dental. In 1972 the fund
and happy but also mentally. Every summer and winter vacation, NK holds a 5day-4night training camp for elites from universities? student association to come studying.
Submitted by kdcoss81 on November 27, 2005
Category: Business
Words: 609 | Pages: 3
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Working Capital What makes our camp so unique in terms of business is the
Requirements fact that it only operates for ten weeks during the summer,
which results in low operating costs and overall expenses.
Because it is seasonal service orientated, there is very little
capital required to start such a business. Our first summer of operation will be in 2005, however, we will begin advertising during the fall of 2004. This will allow a sufficient amount of time for parents to research our camp and to utilize our early registration discount prices. Open registration will begin in January and will close the first week of May. In order to secure a place in our camp, parents will be required to pay entire summer fees during the initial registration process. As a result of such a measure, we as a camp will begin to build an early source of income starting in January.
Financing Mix
Financial Analysis
Opening Balance Sheet In the Balance Sheet, there are many different equations and formulas created to provide a starting point from which to measure future changes regarding assets and liabilities. In the following financial analysis, we will justify our financial decisions. All financial statements are listed as tables or figures after the financial summaries. A complete Business Budget is listed in Appendix E. All financial ratios are listed in Appendix F.
1.) Prepaid Expenses in Current Assets- This includes all items in the Licenses Account ($725.00), the Insurance Account ($3,850.00), the Rent account ($2,250.00), and postage ($148.00).
2.) Cash and Accounts Receivable in Current Assets- the sum for Cash was found by multiplying the total operating revenue ($56,700) by 25%, which equals the $42,525 in cash. This leaves the remaining $14,175 as credit, which belongs in Accounts Receivable.
3.) Inventory in Current Assets- As a result of being in...
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