a. Show me the stages of preparing a monthly projection for the income statement, balance sheet, and cash flow

by using a chart. Provide an explanation for each of these stages along with the data

required to prepare monthly financial report projections.

b. Show how the projected monthly balance can be used to determine the flow

cash flow?

c. Based on the answers in points a and b, what is the use of short-term cash planning and

projected financial statements for businesses that are in a survival cycle? Give an answer

complete, clear, and systematic.