BIS 155 Course Great Wisdom / tutorialrank.com BIS 155 Course Great Wisdom / tutorialrank.com | Page 36

IMPORTANT: There are two iLabs this week, and there is a separate
Dropbox basket for each one. Be sure to submit your work for this
iLab to the Dropbox basket labeled Week 5: iLab 5.
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BIS 155 iLab 6 (Week 5) Day Care Center (New)
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Senario/Summary
Your friend, Adair Deske, is considering opening a day care center.
She has started compiling her assumptions and putting together an
Income Statement. She has determined that she must make at least
$75,000 profit per year in order to start the business. She has asked
you to analyze her Income Statement and help her determine
whether it is viable for her to start this business. You have agreed to
help her complete her Income Statement and to perform What-If
analysis to help her look at her potential profitability.
When submitting the workbook to the Dropbox, provide a comment
in the Dropbox comments area explaining what you learned from
completing this iLab activity.
Lab Steps
STEP 1: Open Worksheet and Complete the Income Statement