A pro forma income statement will tell you how much cash you have to operate your business. Select one: O True O False Which of the following records includes the cost of goods sold? Select one: a. balance sheet b. cash flow statement C. income statement O d. operating expense report Which of the following can be predicted by an income projection? Select one: a. when you should send out your invoices b. whether you'll have enough cash to pay the bills C. when you'll need to ask the bank for a loan O d. when you'll make a profit on paper How many ways are there to calculate the break-even? Select one: O a. 4 b. 2 c.3 d. 1 What type of expenses are equipment, inventory, and carpeting? Select one: O a. application of funds b. prepaid C. cash reserve O O d. short term Your financial plan will begin with you and your financial fitness and vision. Select one: O True O False