Pricing Analysis: Based on the other cleaning vendors and competitors in the market

economics

Description

QUESTIONS:

1.       Pricing Analysis: Based on the other cleaning vendors and competitors in the market, what hourly rates should Tilly charge for:

a.       Cleaning Services,

b.      Organizational Services.

Explain your rationale for each. (6 Marks)

 

2.       Prepare a Year 1 Cash Budget for Totally Tidy by Tilly (TTT). (8 Marks)

 

3.       Prepare the Year 1 Income Statement (Statement of Profit and Loss) for TTT. (8 Marks)

 

4.       Prepare the Balance Sheet for Year 1 of TTT. (8 Marks)

 

5.       As Tilly Fernandes, would you launch Totally Tidy by Tilly? Explain your rationale. 150 words maximum. (5 Marks)

 

35 Marks TOTAL

There will be a 10% deduction for poor grammar, spelling, formatting etc… Be sure to clearly label your work with your name, student #, course name and # (New Venture Startup, CENT-500 Spring 2017), and assignment information (Individual Case Study Pt. 2). Use your last name in the filename when you save your work.

Submit your work as an:

·         MS Excel compatible .xls or .xlsx file format. I want to see your spreadsheets so I can check your formulas, AND

·         Written answers submitted in Word (.doc or .docx) or PDF format is acceptable.

I expect you will be uploading 2 or 3 files (one Excel spreadsheet and one Word doc (or a .pdf)).

Do not submit a .pages format as the Ryerson software cannot open .pages files.


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