Cash Flows Statement
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Details: Develop a current cash flows statement using spreadsheet software.
Organize your activities into the three major sources (see Lesson and reading).
Calculate your ROE using the DuPont equation (see Lesson and reading).
Determine the changes you can make to increase your ROE.
Submit an accompanying Word document that explains your current ROE and the changes to increase your ROE.
Company: No Line Pick Up
No Line Pick Up offers an automated system for food pick-up. Customers can order food online via a mobile app and pick it up at temperature-controlled lockers. Each transaction pick-up will cost the customer $1. There is no charge for the food vendor.
In 2020, the net earning is $150,000. The mobile app development cost $100,000, and food lockers cost $18,000. Funding came out from the owner.