Financial Control of your Business

Financial Control of your Business          “C” is the final letter of the POLC functions of management — Control. Financial control is an important means of controlling overall short term and long term success of a business. In your final Assignment concerning financial statements, you will interpret a statement based on given assumptions provided

 

You will need to use two files located in Doc Sharing.

Checklist:

1. Download two files from Doc Sharing: a) Unit 10 Assignment Spreadsheet (Excel file)     b) Unit 10 Assignment Assumptions (Word doc)

2. Then estimate a P&L statement based on the assumptions.

3. Answer the questions: Does the firm need to borrow money at the end of the year to meet expenses? Why or why not?

4. Submit your answer to the questions and your estimated P&L spreadsheet to the Dropbox before the end of this unit