Create your own dream business or find from publicly available sources (Manufacturing business). Prepare master budget for it. (All steps in our PP example) In the assignments: You should have all relevant economic factors on it domestic and internationally. -Explain why you chose particular assumption -Use ALL the information we gain from the lectures -Finally prepare Forecasted Income Statement and Balance sheet. Managerial Accounting is Creative Accounting... BE CREATIVE AS MUCH AS POSSIBLE!!! RUBRIC: 40% calculation 40% explanation 20% Creativity