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 Sheet
Balance 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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Entrepreneurship & Small Business Management

ISBN: 978-0133767186

2nd edition

Authors: Steve Mariotti, Caroline Glackin

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