Assignment
Construct a basic income statement, balance sheet, and statement of cash flows. If you are far enough along in your business, please use those figures; if you are close, guestimate you figures. If you have not yet decided on a specific business, design these three statements using your personal information. Upload your completed spreadsheet in one document to the assignment area. If you are not familiar about how to create an Excel worksheet, please review the Readings & Resources.
Forum: Analyze the use, as an entrepreneur, of financial statements and pro forma financial statements. What is the purpose of pro forma and what are the consequences for the business of not using pro forma statements? How do these help an entrepreneur to evaluate the feasibility of a venture?
Format your assignment according to the give formatting requirements:
1. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the course title, the student's name, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.