Question
Mae is considering keeping her flower business open on Sundays next year. If she does so, she hopes for an additional 10% increase in sales
Mae is considering keeping her flower business open on Sundays next year. If she does so, she hopes for an additional 10% increase in sales but will have to pay an additional $2500 in SGA (wages). Mae would like a minimum cash balance of at least $2000. She has already completed a pro forma income statement. Complete her pro forma balance sheet. Will any additional funds be needed next year and if so, how much?
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The Meaningful Money Handbook
Authors: Pete Matthew
1st Edition
0857196510, 978-0857196514
