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MBA 524 MBA524 MBA/524 Week 1 Assignment Octane Service Station CH.docx

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MBA 524 MBA524 MBA/524 Week 1 Assignment Octane Service Station CH.docx

Week 1 Assignment – Octane Service Station Professor Michael Miceli November 1, 2020
Julio Trevino decided to venture into a lease agreement to operate a gasoline service station that was owned by the Octane Oil Company. Julio had $32,000 to invest, with a start date of May 1.
Analysis of the balance sheets and income statements two months into operations will determine viability of his investment.

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MBA 524 MBA524 MBA/524 Week 1 Assignment Octane Service Station CH.docx

Week 1 Assignment – Octane Service Station Professor Michael Miceli November 1, 2020
Julio Trevino decided to venture into a lease agreement to operate a gasoline service station that was owned by the Octane Oil Company. Julio had $32,000 to invest, with a start date of May 1.
Analysis of the balance sheets and income statements two months into operations will determine viability of his investment.
Inreview of the financial statements created, one can determine the he made a sound decision by investing in a business yielding a profit and positive return on hisinvestment.
Keeping his overhead and expenses minimal helped contribute to theprofit margin in the first two months of operation.
Within the first two months of operations, the business exhibited a profit of $3565. Besides profitability, the quality of the product and creating a strong brand for

MBA 524 MBA524 MBA/524 Week 1 Assignment Octane Service Station CH.docx

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