Question: Content Resource: Balance Sheet and Cash Flow Statement Grading Guide Purpose of Assignment The purpose of this assignment is for students to initiate and complete
- Resource: Balance Sheet and Cash Flow Statement Grading Guide
- Purpose of Assignment
- The purpose of this assignment is for students to initiate and complete a comprehensive financial plan. The ultimate result will be a set of pro forma financial statements including an Income Statement, Balance Sheet, and Cash Flow Statement. The student will develop requisite assumptions about the dollar values to be budgeted.
- Assignment Steps
- Createa 350-word balance sheet addressing the instructor's findings from previous class assignment(s) by doing the following:
- Conduct an internet search or use an example located in the textbook.
- Review the revenue and expense items based on information suggested by the instructor to best estimate realistic values for these.
- Review the budget, income statement, and cash flow items, along with feedback provided by the instructor from the previous week(s).
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