Samantha Peek has started a hot dog stand, Glizzy Boutique, as a fun side venture. The case presents the initial steps Peek took to set up the venture and the realized activity for the first month of operation. The case is intended as an introduction to financial statements, financial accounting, and profitability metrics. With both expected and realized results, students better understand the insights offered by financial statements. In a typical use case, students would be asked to generate pro forma and realized income statements before class (this would require minimal background), and the instructor would work through the balance sheet with the students in class. With the right preparation and/or technical notes, students should be able to generate the balance sheet in advance, which would allow more time to explore operating decisions.

This case has been used at the University of Virginia Darden School of Business in the executive nondegree programs and as part of a prematriculation program for MBA students. It would be appropriate for undergraduate classes as an introduction to financial statements. The case is particularly appropriate for audiences new to financial concepts.