This is an exercise for our Finance course. We should choose what type of business you will

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This is an exercise for our Finance course.

We should choose what type of business you will be.

Sole Proprietor

Partnership

Company.

Describe your business.

we must prepare a simple starting balance sheet. Equity only NO debt

to include a simple income statement

Using the percentage of sales method

Project for wards 3 - 5 years' worth of Income Statements and Balance Sheets

What is your plug? Is it the same every year? If you are using a different plug, are you doing your analysis correctly?

If you need outside Capital (Debt or Equity) where will you get it from and what will it cost you?

Related Book For answer-question

Accounting Principles

ISBN: 978-0470534793

10th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

See More Books

Posted Date: Feb 07, 2024 12:28 AM

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This is an exercise for our Finance course. We should choose what type of business you will

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Type of Business Company Description Our company XYZ Tech Solutions is a technology consulting firm specializing in providing innovative IT solutions ... View the full answer

Accounting Principles

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