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Homework answers / question archive / Identify the cash and resource needs to start a Home renovation company, must incluse introduction and conclusion at the end Prepare cash flow, income, and balance sheet

Identify the cash and resource needs to start a Home renovation company, must incluse introduction and conclusion at the end Prepare cash flow, income, and balance sheet

Business

  • Identify the cash and resource needs to start a Home renovation company,
  • must incluse introduction and conclusion at the end
  • Prepare cash flow, income, and balance sheet.
  • prepare the pro forma financial statements.
    • Based on your best understanding at this point, you will prepare a consolidated balance sheet, statement of cash flows, and income statement for the first year.
  • Explain your pro forma statements in an accompanying document.
    • Along with these pro forma financial statements, you will prepare an explanation discussing how you arrived at the various figures.
  • Review the rubric for this assignment.
  • Activity/Competencies Demonstrated % of Final Grade
    Content: expected to demonstrate competency in regards to critical thinking, communication (spelling and grammar), and APA formatting in their response to the following learning outcomes.  
    a. Analysis of the capital and cash need that the new venture will require for its first year. /20
    b. Prepare a pro forma balance sheet describing the financial position of the organization at the end of the year. /15
    c. Prepare a pro forma statement of cash flow for the first year. /15
    d. Prepare a pro forma income statement for the first year. /15
    e. Describe how the figures in the pro forma financial statements were derived and why you think that they are accurate. /20
    f. Demonstrate good organization, including a strong introduction and conclusion /15
    Total

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