Your fiscal year will be October 1 to September 30. For this assessment, you are reporting on third quarter financials. For your workbook entries, please
Your fiscal year will be October 1 to September 30. For this assessment, you are reporting on third quarter financials.
For your workbook entries, please include at least 5 income items and a total of 30 expense items. There should be at least two columns relating to the income and expense line items: one for the reported quarter and one for the total budget. You are welcome to include variances (positive or negative) in percentages as an additional column if you wish, but this is not required.
In a separate section of your workbook, (1) please be sure to include one section in your workbook for at least three financial ratios and (2) please calculate the number of months/days your fictitious organization could operate without additional funding.
Thus, you will have one Excel workbook that has at least four sections (tabs are at the bottom of an excel workbook): Balance Sheet, P & L (with budget column), Financial Ratios, Months/Days Remaining Calculation
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