Students determine an event they wish to organize Students prepare budget for the event, using Budget Three variations of the budget should be prepared One showing a profit One showing break-even One showing a loss

Using the figures from the budget, prepare financial statements (a balance sheet and a profit and loss statement) Adjust the financial statements to show (1) a greater profit for the event than was budgeted and (2) a lesser profit than budgeted Students calculate ROI and ROE for event