Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Introduction: In this assignment you will be creating a financial business plan for the business of your choice. This may be a business that you

Introduction: In this assignment you will be creating a financial business plan for the business of your choice. This may be a business that you are looking to create, a business that you are working for, a business that interests you, or a hypothetical business. You will provide a written summary (Word) of the business, its activities and its financial activities. The financial data will be prepared in Excel. Financial statements will include: An operating budget Breakeven analysis A capital budget A cash flow budget Optional Proforma income statement and balance sheet Since this is a beginning finance course, your analysis and presentations may remain simple. Just be sure that you discuss and present the basics items of your chosen business. For example, if you are starting a retail business, you are welcome to present your analysis on one product line or to simplify your cost of goods sold expenses as a percentage of sales or gross profit (mark-up).

Written Summary:

Financial Presentations:

Operating budget:

.

Capital Budget:

Cash Flow Budget:

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Internal Audit Quality Developing A Quality Assurance And Improvement Program

Authors: Sally-Anne Pitt

1st Edition

1118715519, 978-1118715512

More Books

Students also viewed these Accounting questions