Computer Retail Business Essay Example | Topics and Well Written Essays - 500 words

Computer Retail Business - Essay Example In order to determine the ability of the company to generate a profit the managers of the organization have to analyze the operations of the firm based on the costs and expenses that the company will incur during its initial start up phase and the variable and fixed expenses that the company will incur in the future (Weygand, Kieso, Kimmel, 2002). When the company decided to choose the corporate business structure the first costs the company incurred were the legal and governmental fees to incorporate. The firm spent $1,500 to incorporate the computer business. An estimate of the costs the company will incur is necessary to start a business. The company will purchase $30,000 in computers to be sold in the retail market. The markup on these computers is 40%. In order to complement the store the company sells other devices such as tablets, MP4 devices, and smartphones. The markup on these electrical devices is 50%. The company will invest an additional $10,000 in other electronic merchandise. In terms of computer parts the firm will invest $5,000. The original restoration of the lease rented as the retail outlet cost is $7,500. A start-up capital cost table of the company is illustrated below: The company needs $54,000 start up capital, but there are other expenses that the company must consider prior to starting the business. The $54,000 is the money needed to set up the business, but once the business starts the owners and managers have to consider a series of other operating expenses that will affect the financial outcome of the company. The administrative expenses of the firm are $2,000 a month which accounts for the salary of the manager. The company will run on three employees at all times in the floor. The salary of these employees is $7.25 an hour. The store is open twelve hours a day, thus the daily direct labor expense is $783 a day. The rent is $2,700 a month and

Factors Contributed to the Great Famine in Ireland Research Paper

Factors Contributed to the Great Famine in Ireland - Research Paper Example The political, social and economic reasons for the famine have long been the subject of historical discussion and debate. The fact that from 1801, under the Act of Union, Ireland was governed as part of the United Kingdom, with executive power in the hands of British officials, is a damning reality and one that casts primary blame for this historically horrific event squarely on Britain. The role of in the tragedy cannot be denied. ...That an island which is said to be (following quote from the Act of Union, repeated in the Continental Congress of America Address from its inclusion in Mitchel’s The Last Conquest of Ireland )an integral part of the richest empire on the globe—and the most fertile portion of that empire;—with British Constitution, Habeas Corpus, Members of Parliament, and Trial by Jury—should in five years lose two and a half millions of its people (more than one-fourth) by hunger, and fever the consequence of hunger, and flight beyond sea to escape from hunger,—while that empire (Britain) of which it is said to be a part, was all the while advancing in wealth, prosperity, and comfort, at a faster pace than ever before ,—is a matter that seems to ask elucidation.2 Elucidation of the subject comes to a great degree from John Mitchel, political writer and Irish patriot whose The Last Conquest of Ireland provides valuable and extensive information to support the thesis that Britain, while not entirely responsible for the causes that created the famine, was largely responsible for the extent to which the Great Famine, as it is called, devastated the country. Other primary and secondary resources support the information covering the two major elements involving the British government that contributes powerful and devastating evidence of British nonchalance in the face of the tragedy, collusion with powerful entities.