Slide 1

Use your math skills to make business decisions for the Clay LeprechaunYou are on the board of directors of the Clay Leprechaun, get ready to make finical decisions!!

Get Ready, your in charge of the Clay Leprechaun

Clay Leprechaun LLC. Pledges to protect all leprechauns from the scary images that Holly Woodprojects Save The Leprechaun Image As board members you must up hold the companies pledge while creating an excellent employee atmosphere, accurate records for investors, smart business projections for the future, and describe the companies statistically to new investors.

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Material costInsurance(property, health, etcEmployee payrollPropertyUtilizes

01/2008$16,359$9,003$46,987$3,600$1,23802/2008$14,267$9,358$43,659$3,600$1,00103/2008$13,597$8,698$40,268$3,600$93804/2008$17,359$9,125$56,398$3,600$1,79605/2008$20,126$9,965$59,658$3,600$2,006Income $$$$$$$$$$Tax Rate /per dollar01/2008$298,3687.36%02/2008$312,2597.36%03/2008$215,3697.36%04/2008$236,2587.36%05/2008$397,5657.36%Here is your finical report for the 1st five mouths of 2008, lets use this information to prepare a finical report for Clay Leprechaun, LLC.

Employees are the core of your successYour decisions will provide opportunities for your employees to be successful> Knowing the demographics of your employees will help you choose benefit packages

>Turn over cost is an expensive aspect of operating a business, great benefits promote long term employees

>Offering many different variations of benefit packages enables your employees to choose the perfect package to fit their needs.

>Happy employees will provide a higher level of productivity

Calculate these ratios to determine what percentage of your companies income is delegated to cover cost.

Using the Package information on the previous slide and the above chats answer the following questions:

1. What is the approximant cost of package 1 for the Clay Leprechaun and employee?2. What is the approximant cost of package 2 for the Clay Leprechaun and employee?3. What is the approximant cost of package 3 for the Clay Leprechaun and employee?

5% of income is delegated to Materials 01/200823% of income is delegated to Employee payroll 04/2008Determining Profit

Board members decide how profitable 04/2008 was for the Clay Leprechaun. 1st , complete the pyramid on the right. 2nd, using the graph below complete missing values

04/20081. Insurance vs. Income2. Employee payroll vs. IncomeProperty vs. Income

Calculating the meanCalculating the mean:

>Sum all values with in a data field (sum of material cost)

>Sum the total number of vales in the data field (n=total number of values)

>Divide the sum of the values by the total number (sum of material cost/ 5 mouths)xPrepare a statistical reportusing calculation like the ones on the left, Include any information that your board feels is valuable

Is the Clay Leprechaun profitable?

Your employees depend on youTo create a healthy work placeTo help provide for their familiesTo help them prosper finicallyWhat type of business would you own?

What type of boss would you be?

Congratulation You are ready to own your own business

The American Dream for many people is owning their own business.

Is this true for you?

Every business owner has the opportunity to positively effecttheir employees life.

You to can change society.

Brad Cole3.19.08