This is a virtual company created

Introduction:

JNC Bhd is a medium sized trucks manufacturer located in Klang, Selangor State, Malaysia. JNC Bhd was established in 2015 with a capital of 1 billion RM. JNC Bhd is listed on the Bourse Malaysia and the company has many shareholders. The company have hired 10 auto experts, 3 of them are foreign experts. The plant also has 35 mechanical engineers who specialize in medium truck manufacturing and maintenance. Thus, the total number of employees and workers of JNC Bhd is 250. The first car manufactured in the JNC plant was the JNC T1 medium truck which was in 2017. JNC T1 is a special medium truck with a streamlined appearance and interior that car room provides every comfort to the driver and is specially designed for long trips, the truck's performance is designed to withstand all adverse weather conditions in summer and winter. Also, our company owns a large wing for the maintenance and oil change of trucks manufactured by our factory. We also have showrooms and agencies for our trucks in Malaysia some of them are related directly by our factory and some of them are managed by independent agents. Because our factory is specialized in manufacturing medium trucks, that necessitated that we be distinguished in it, and in order to be strong in the local market, we made the interior rooms of trucks comfortable and rich in technology to bring customers to buy our trucks.

JNC Bhd faces some competition in the industry, competitors always help to identity the wants and needs of consumers more while also helping company in being innovative and producing new products. JAC Bhd has been awarded as the most competitive brand in the market, their products have international advanced level quality. They are located in Petaling Jaya, Selangor and the company was established in 1963 with a capital of 2 billion RM. JAC Bhd manufactures different kinds of truck including heavy duty, medium, light and mini trucks. They have joined ventures not only in Malaysia but with several popular enterprises all around the world. Their industrial bases have gone international when compared to JNC Bhd and they work on a larger scale with about 9000 estimated employees. This gives them the pros of being more innovative in their creation, hence they have one of the best technologies and interiors used by any automotive company in comparison. These trucks not only have the top-notch comfort but they are also energy efficient and have calibration, being infused with technology and being environmentally friendly. They have been awarded in Malaysia for having the best self-developed engines with upper software development. They have participated in acquisition which have made them a very strong competitor in the central Asian market. Their interior in terms with JNC is far better as it has more advanced technology and ample storage in the front and back side of the vehicle. It is also equipped with a refrigerator and their air conditioner has active carbon filter. The whole interior is designed to be the best comfort zone for the driver and co-driver. Hence in terms of comparing their stats, JNC has a tough competition in the market to compete with.

Question:

Create relevant forecasted data regarding the company's next business period, such as sales levels and prices, raw material information, labour requirements, and other expenses needed such as manufacturing and non-manufacturing overheads. You would also need to create the company's balance sheet for the last period that ended, as well as cash flow needs for the next budgeted period. You must detail all such relevant data in full after the description of your company