Assumptions of caslow statement

1. CASH FLOW NOTES<br />NOTE 1 – Bob and Lloyd was left an inheritance from their aunt of one million Trinidad and Tobago ……………..dollars.<br />NOTE 2 – No capital was invested by third party firms, all monies invested by Bob and Lloyd only.<br />NOTE 3 – Total sales were calculated based on anticipated demand of the different types of and size of ……………..pizzas refers to sales chart for further details.<br />NOTE 4 – Two scooters were purchased to facilitate delivery of pizzas direct to the customer door step.<br />NOTE 5 – A new pizza oven was purchased with a capacity to bake 10 medium pizzas at a time.<br />NOTE 6 – A 30 cubic feet freezer was bought to store meats to be used in pizzas.<br />NOTE 7 – A 30 cubic feet vegetable chiller was bought to store vegetables for pizza production<br />NOTE 8 – A 15 cubic feet beverage chiller was bought to store drinks for customer purchase. <br />NOTE 9 – Two heave duty flour mixers were bought to mix pizza dough, two were bought in the event ……………..one became non functional. <br />NOTE 10 – Utensils were purchased to conduct the preparing of pizza ranging from knives, spoons, ……………….openers, slicers etc.<br />NOTE 11 – Two desktop computers were purchased to facilitate the work of the manager his ……………….administrative assistant in the daily running of the business.<br />NOTE 12 – Air Condition units were installed to cool the entire building for both staff and customer comfort.<br />NOTE 13 – The building was renovated to exude the company’s brand, toilets, plumbing, electrical and ……………….esthetics were done.<br />NOTE 14 – Electricity bill began from December due to the site preparation works that was required. The ……………….electrical figure was based on food outlets with similar type equipment<br />NOTE 15 - The telephone bill figure was based on food other business in the area monthly bill.<br />NOTE 16 – The internet is a blink land line and the cost is the actual internet provider monthly unlimited ……………….package.<br />NOTE 17 – Rent was based on actual figure provided by businesses renting similar size commercial ……………….space.<br />NOTE 18 – Water rate was based on actual Water company commercial rates. The figure is actually ……………….quarterly but it was spread monthly to accurately reflect monthly expenses for pricing of ……………….pizza<br />NOTE 19 – Salaries were compiled using current levels paid by similar businesses and increased to ……………….attract and retain employees.<br />NOTE 20 – Advertising figures were based on the marketing promotion strategy<br />NOTE 21 – Withdrawals were made one in May by Bob and Lloyd to facilitate vacation needs.<br />NOTE 22 – Training figures were actual figures provided by the tourism ministry for hospitality courses. <br />NOTE 23 – Purchases figures were based on the cost of raw ingredients and the anticipated demand for ……………….the different types and sizes of pizzas.<br />NOTE 24 – Office expenses were based on similar expenses incurred by business in the area<br />NOTE 25 – Gas for scooter was estimated based on mileage per gallon and the estimated distance to be ……………….covered per day.<br />NOTE 26 – Cooking gas was estimated using figures incurred by other food outlets in the area.<br />NOTE 27 – Insurance was calculated based on actual figures provided by a local insurance company<br />NOTE 28 – Cleaning products were estimated based on expenses incurred by other food business<br />NOTE 29 – Registration figure provided by food business in area.<br />NOTE 30 – Sponsorship figure was estimated based on the cost of uniforms and gears for an 11 person ……………….cricket team<br />NOTE 31 – Maintenance figures were calculated for each piece of equipment and totaled. The figures ……………….are based on what is incurred by similar businesses in the area.<br />