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Brief 1. Topic/Business Students act as a group of young entrepreneurs that intend to launch a new product or service in Canada. In this assignment

Brief 1. Topic/Business Students act as a group of young entrepreneurs that intend to launch a new product or service in Canada. In this assignment you are to assess the financial viability of the new product or service. It is a practical assignment, must present an application of theoretical principles with specific solutions. 2. Guideline for Assignment content A. Primary Financial Objectives (1%) B. Prepare the two types of financial statements 2021-2023 (9%) -Income Statement -Balance sheet 2. Formatting and submission of information The report part of this assignment will be submitted in a word document of no more than 4 pages. Only one member of the group is required to SUBMIT to Google Classroom. Delivery of the Content a) This assignment is to be completed in groups. b) The assignment must include the i. Name of the group with student names and IDs ii. Name of the Assignment iii. Professors name iv. References [APA style] v. Date of submission

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