Determine a capital good you need to acquire for your business
The entirety of this assignment must be done by reflecting \’Sit Means Sit\’, which is a dog training franchise that will be operated out of a suburb of Chicago, IL. This is a 3 page minimum, multi-part assignment. The first question being:
1. Determine a capital good (an item with a useful life in excess of 1 year) that you need to acquire for your business. How will this asset improve the efficiency or effectiveness of your business? How is the future benefit of the asset translated into the present and quantified for a profitable decision for your business? Which technique to evaluate the data best suits your business? Explain
Minimum (1 page)
APA Format
2. Formulate a proposal for the costs in capital budgeting for your business. Include the following:
- Start-up Costs
- Working Capital Commitment Costs
- Tax Factor Costs
- What are the benefits of each cost for your business?
- What are the challenges with each cost for your business?
- Show your calculations
Minimum (2 pages)
Minimum (2 scholarly sources)
APA format
Requirements: 3 pages
Answer preview to Determine a capital good you need to acquire for your business
APA
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