Create a Projected Balance Sheet for your business for 1 year. a. Create a pie chart showing
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Create a Projected Balance Sheet for your business for 1 year.
a. Create a pie chart showing your current assets, long-term assets, current liabilities, and long-term liabilities.
b. What is your debt ratio?
c. What is your debt-equity ratio?
Balance SheetBalance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
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Related Book For
Entrepreneurship & Small Business Management
ISBN: 978-0133767186
2nd edition
Authors: Steve Mariotti, Caroline Glackin
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