Make balance sheet and cash flow statement according to the income statement provided. Income statement: This income
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Question:
Make balance sheet and cash flow statement according to the income statement provided. Income statement:
This income statement has been assumed according the competitors the business will face when came into run-
Total revenue - $500000
Cost of sales -
Total revenue Basic fees $883,933
Rental royalty fees 1,171,941
Sales royalty fees 392,367
Attractions 222,752
Original sale entry fees 120,057
Resale entry fees 1,174,291
Operations revenue fees 272,946
Associate members' fees 33,307
Event revenue and sponsorship 276,097
Interest income 62,950
Other 31,435 4,642,146
Profit - $1638642
Posted Date: