Purpose of Assignment
The purpose of this assignment is for students to initiate and complete a comprehensive financial plan.
The ultimate result will be a set of pro forma financial statements including an Income Statement, Balance Sheet, and Cash Flow Statement.
The student will develop requisite assumptions about the dollar values to be budgeted.
Assignment Steps
Create a 350-word balance sheet addressing the instructor's findings from previous class assignment(s) by doing the following:
Conduct an internet search or use an example located in the textbook.
Review the revenue and expense items based on information suggested by the instructor to best estimate realistic values for these.
Review the budget, income statement, and cash flow items, along with feedback provided by the instructor from the previous week(s).
Format assignment consistent with APA guidelines.