For Time 0, compute profit before tax, profit after tax, retained earnings on the Income Statement...

  

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For Time 0, compute profit before tax, profit after tax, retained earnings on the Income Statement For Time 0, compute net fixed assets, total assets, total liabilities and equity on the Balance Sheet For Time 0, check does the Balance Sheet balance? Using the "Assumptions" provided by the statements, project the Income statement (hold off on interest and interest income) Using the assumptions provided above, project the Balance Sheet (hold off on cash) Project interest and interest income Create the Statement of Cash Flows (Time 1-5, NOT Time 0) using information from the Balance Sheet and Income Statement Link cash on the Balance Sheet to the Statement of Cash Flows (beginning Cash+Net increase in cash) Check: does the Balance Sheet balance? For Time 0, compute profit before tax, profit after tax, retained earnings on the Income Statement For Time 0, compute net fixed assets, total assets, total liabilities and equity on the Balance Sheet For Time 0, check does the Balance Sheet balance? Using the "Assumptions" provided by the statements, project the Income statement (hold off on interest and interest income) Using the assumptions provided above, project the Balance Sheet (hold off on cash) Project interest and interest income Create the Statement of Cash Flows (Time 1-5, NOT Time 0) using information from the Balance Sheet and Income Statement Link cash on the Balance Sheet to the Statement of Cash Flows (beginning Cash+Net increase in cash) Check: does the Balance Sheet balance?

Answer rating: 100% (QA)

Financial Projections for a Company Year 0 1 Year 0 Base Year Income Statement Item Amount Sales 1000 Cost of Goods Sold COGS 500 50 of Sales Deprecia... View the full answer