In class discussion about Financing Business Ventures, articulated the development of and need for assumptions in pro forma statements. What role do revenue and expense assumptions play in the development of pro forma statements? Which assumptions do you feel are the most important to developing your business's pro forma statements? support your response?
A)To create a pro forma income statement following assumptions are required to be considered.
B) Most Important assumptions in Pro forma statements are -
In class discussion about Financing Business Ventures, articulated the development of and need for assumptions in...
Class: Marketing Management Mission and Vision play a major role in the strategic planning process. Basic questions about our business need to be confirmed (see chapter two). The mission statement provides information about the special purpose of the firm, its opportunities, and direction. A vision looks beyond the mission to envision a future; it provides added challenge and creative tension for the firm. Search for information about Starbucks. (A supplemental video is included in the Content area) and then answer...
Your friend, Diana Warner, recently completed the second year of her business and just received annual financial statements from her accountant. Warner finds the income statement and balance sheet informative but does not understand the statement of cash flows. She says the first section is especially confusing because it contains a lot of additions and subtractions that do not make sense to her. Warner adds, "The income statement tells me the business is more profitable than last year and that's...
Given the financial statements below for Dragonfly Enterprises, what is the external financing need for a pro forma increase in sales of 13% if the firm is operating at 94% capacity? Enter your answer as the nearest whole (e.g., 123), but do not include the $ sign. Dragonfly Enterprises Income Statement ($ Million) 2011 Sales 370 Cost of Goods Sold 226 Selling, General, & Admin Exp. 62 Depreciation 20 Earnings Before Interest & Taxes 62 Interest Expense 12 Taxable Income...
1. Compute the external financing needed to support the projected annual sales growth. The most recent financial statements for Fleury, Inc., follow. Sales for 2012 are projected to grow by 20%. Interest expense will remain constant. The tax rate and the dividend payout rate will remain constant. Costs, other expenses, current assets, fixed assets, and accounts payable increase spontaneously with sales. If the firm is operating at full capacity and no new debt or equity is issued, what external financing...
Thank You in advance for whoever is helping me!. All the blank/red spaces are wrong. I just need help its so hard to figure out. Thank YOu Allen Products, Inc. Income Statement for the Year Ended December 31, 2019 Sales revenue $937,100 Less: cost of good sold Fixed 215,673 Variable 184,469 Gross profits $536,958 Less: operating expenses Fixed 132,722 Variable 56,572 Operating profits $347,664 Less: interest expense 32,799 Net profit before taxes $314,865 Less: taxes (rate 25%) 78,716 Net profits...
I NEED A RESPONSE TO THE DISCUSSION BELOW. Since I am an Operations Management major, this class was one of my electives. I initially was not going to take it because it had nothing to do with my major but the fact that I felt I could learn more about my health drove me to choose it. I am very happy with my choice as I found this class to be an excellent guide for women of all ages. I...
Reference Textbook: Dorf, Richard C. and Byers, Thomas H. (2019) Technology Ventures From Idea to Enterprise, Fifth Edition, McGraw-Hill. ISBN: 978-1-259-87599-1. Case study3: Chapters 1-4 each contain a section entitled Venture Challenge. Answer the questions for the following venture: As we know, Global Industries encourages its employees to research applications of 3-D prototyping. Imagine, as a research employee, you have invented a method of using a robot and a 3D prototype to make pizzas in pizza restaurant settings. Your robotic...
i need minimum 300 words and workcite thank you Discussion Week For the discussion board you are required to post one primary post by the irst three days of the Academic Week (Mon-Wed). Yu mat reply to two classmates by the end of the Academie week (Thur-Sun) The posts must be made on (3) separato days to ensu。yor pricipation and for atendance. Remember you need to ads substantively to he conversation The discussion boand is only for the topic being...
For your main Discussion post, list at least one of each transaction related to all of the following business events: Purchase of goods or services for cash Providing services for cash Providing services on account Purchase of goods or services on account Payment of a previously recorded expense Receipt of a previously recorded revenue earned Be sure to explain your logic in the analysis of your business transactions and do not repeat examples from the textbook. Also, list the type...
Part 3 - Role Play Activity with your manager at is part of the assessment is a roleplaying activity. You will be roleplaying a discussion Jour manager Lily Thompson to discuss and accounting issue with her and gain understanding of what you need to do. Scenario You were about to enter the following invoice into the accounting system but you are unsure about the breakdown between capital expenditure and revenue expenditure. You know they are treated differently. You need to...