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. You will now add the Balance Sheet to your the financial statements for your venture.
Assignment Steps
Create a 350-word Executive Summary that further expalins your venture
Review the revenue and expense items
Review the budget, income statement, and cash flow items,
Develop a Balance Sheet showing Current Assets (Cash), Buildings and Equipment, Liabilities and Owners Equity.