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a ) 2 0 marks You are getting into a business and want to take a loan. The bank requires that you show them your
a marks You are getting into a business and want to take a loan. The bank requires that you show them your projected profits. Develop calculate a forecast for the next five years starting the following data: First order is for units at a selling price of kshs per unit. Both numbers are projected to increase by yearly Renting the production facility at kshs a year for five years Variable manufacturing cost of kshs per unit with a projected increase of yearly Administration cost of kshs per year with a likely increase of annually Tax rate is at Develop a five year financial forecast showing profits before and after tax.
Determine If the Loan should be given based on the forecastUSING SPREADSHEETS
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