Question: The PDC Company was described earlier in this chapter. Refer to the PDC Companys projected monthly operating schedules in Table. PDCs sales are projected to

The PDC Company was described earlier in this chapter. Refer to the PDC Companys projected monthly operating schedules in Table. PDCs sales are projected to be $80,000 in September 2011.

A. Prepare PDCs projected income statement for August.

B. Prepare PDCs projected balance sheet for August.

C. Prepare PDCs projected statement of cash flow for August.

D. Compare your balance sheet at the end of August with the balance sheet in Table and apply the balance sheet method to determine cash flows over the March to August period.

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