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Quicker Liquor Financial Statement Overview

This presentation outlines the financials of Quicker Liquor, focusing on revenues from sales of beers, liquors, and miscellaneous items. It details the cost of goods sold (COGS), beginning inventory, and purchases made throughout the year. Additionally, it highlights operating expenses, including utilities, labor costs with two shifts and two employees, and the impact of high rent fees. The income statement provides a yearly outlook, summarizing the financial performance of Quicker Liquor and the owner’s salary withdrawals.

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Quicker Liquor Financial Statement Overview

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  1. Quicker LiquorFinancial Statement Present by Dongmin

  2. Revenues • Sales : Beers, Liquors, Miscellaneous • Cost of Good Sold • Beginning Inventory : Refrigerators, Cashier, etc • Purchases : Beers, Liquors, etc • Owner’s withdraw: Owner’s salary Quicker Liquor

  3. Operating Expenses • Utility : Consumption of electricity will be high. • Labor : 2 Shifts, 2 employees. • Rent : High rent fee. Quicker Liquor

  4. Income Statement Quicker Liquor

  5. Yearly Basis COGS Quicker Liquor

  6. Quicker Liquor

  7. The End Quicker Liquor

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