I will upload two attachments. One is about the general idea of this business idea (new energy electric vehicles), and the other is about the slides of the consolidated balance sheet, statement of cash flows, and income statement in this chapter of the requirements. According to the requirements, three forms are required, balance sheet, statement of cash flows, and income statement. You need to fill in the specific figures for the one-year form and explain why this forecast is behind.
Chapter 8 discusses the process of financial management and its importance for forecasting, which is critical for the entrepreneur contemplating a start-up. The ability to demonstrate a firm grasp of the finances underlying a new endeavor shows prospective investors that the entrepreneur understands his or her financial needs and holds a realistic view of revenues. For the entrepreneur, the pro forma financial statements provide a path to follow in preparing the start-up and operating during its initial period.
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.
a. Analysis of the capital and cash need that the new venture will require for its first year.
b. Prepare a pro forma balance sheet describing the financial position of the organization at the end of the year.
c. Prepare a pro forma statement of cash flow for the first year.
d. Prepare a pro forma income statement for the first year.
e. Describe how the figures in the pro forma financial statements were derived and why you think that they are accurate.
f. Demonstrate good organization, including a strong introduction and conclusion. For more information on Pro Forma Budget check out : https://en.wikipedia.org/wiki/Pro_forma
Plagiarism Free Papers
Thehomeworkwritings.com’s team of writers write all papers from scratch. We deliver 100% original, unique papers. That’s what makes us the best custom homework writing service
We provide unlimited free revisions to all customers and on all papers. Try The Homework Writings today for the best custom homework writing service and experience in the industry.
Thehomeworkwritings.com gives clients title pages free of charge. Your only job is to fill out our order form. We will handle the rest.
As the leading essay writing service, we never submit any paper without a reference/bibliography page. We do this free of charge too.
Originality & Security
At Thehomeworkwritings.com, we take great pride in delivering only high-quality 100% original papers to all our clients. We also never share any of our clients’ information with third parties. Your data is safe with us.
24/7 Customer Support
No other custom homework writing service has a friendly, always available customer support team to respond to clients like us.
Try it now!
How it works?
Follow these simple steps to get your paper done
Place your order
Fill in the order form and provide all details of your assignment.
Proceed with the payment
Choose the payment system that suits you most.
Receive the final file
Once your paper is ready, we will email it to you.
We have the best customer support team for your essay writing needs.
You won’t find any other custom homework writing service with pricing as flexible and affordable as ours.
Admission help & Client-Writer Contact
We provide a direct line of communication with our writers for the best writing experience.
As the leading custom homework writing service, we take deadlines very seriously. You will have your paper submitted on time without any delays.
We truly value your feedback, good or bad, and always use your feedback to help us provide you with an even better custom homework writing service