Discussion
• Create your fictional sales projections based on what your understanding of the industry.
• Create each one of the financial statements for your business and be able to explain the numbers that you use for your industry. Make sure you include the following: Three INCOME STATEMENTS (one per quarter), Three Statement of Cash Flows (one for each Income statement), and finally one end of the year BALANCE SHEET. Your Income Statements should be able to fit on one to two pages as well as your Statement of Cash Flows. Your Balance Sheet should fit on one page.
• Be advised that these are your financial statements and I am giving you the ability to create the statements based on your personal projections. You will however be required to provide written analysis to support why your financial statements are what you reported.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.