Question: Attach an Excel workbook with estimated/projected financial statements here for a NEW BEAUTY SALON. There are no figures to be given... you are to come

Attach an Excel workbook with estimated/projected financial statements here for a NEW BEAUTY SALON. There are no figures to be given... you are to come up with what you think it takes to start a new beauty salon.

Financial Statements:

Type of accounting system to be used is presented and financial statements presented and fully explained

  • cash flow statement - one year with monthly columns
  • income statement - one year
  • balance sheet - Start of year and end of year (2 balance sheets)
  • break-even analysis
  • financial ratios - for one year

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