Question
need to see if i have everything right !!
6) From the list of financial elements on the next page, identify (a) the ones that are Start-Up Costs, (b) the ones that go
Styles Styles ES ELEMENTS Revenue from consulting Product development costs Cost of manufacturing Sales Margins Product sales
Foloop ELEMENTS Start-Up Costs Product development costs REVENUES Revenue From Consulting Computer purchase Sales Margin Leas
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Answer #1

Solution

Start up costs Income statement Neither Ratio analysis
Product development cost Revenue:- Product sales contracts Sales Margins
Computer purchase Revenue from consulting Lease hold improvements Inventory turnover
Website development Accounts receivables Return on assets
Total start up costs Cost:- Lease contracts
Cost of Manufacturing
Utilities and Telephones
Salaries
Rate of purchases over time
Advertising & Promotion
Membership fees
Credit card processing fees
Profits:-
EBIDTA
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