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QGT1 Western Governors ChaPizza Balance Sheet and Business Plan Project
Subject
Business Finance
Course
QGT1
School
Western Governors University
Question Description
Calculate and develop the financial statements and projections for the first year of business by doing the following:
1. Develop a month-by-month forecasted profit and loss statement using an estimate of revenues and operating costs based on the sales forecast.
2. Develop a forecasted balance sheet for the end of year one.
A balance sheet is provided that accurately accounts for retained earnings, owner investment, and a bank loan. However, the balance sheet is not reconciled (assets and liabilities do not match). Please review.
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