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For an existing business, obtain detailed financial operating statements for a minimum of three years-and preferably, five years. For a new business, project detailed financial operating data necessary to prepare a 12 month Proforma P&L Statement. For either type of project plan, this information should include all key elements such as revenue; cost of operation by department or operating unit; marketing costs; administrative and general expenses; repairs and maintenance costs; energy costs; and anything else specific and critical to calculating accurate financial projections.
Be sure to calculate expenses levied against the operation as a whole, including major deductions from operating income like General and Administrative; Marketing; Energy; and overall Repairs and Maintenance costs. Within each of these operating categories, costs are included that are assessed against the business as a whole and not allocated downward to departmental operations.
Finally, determine the net operating profit or loss for the business. Provide detailed assumptions to support each line item in your Proforma P&L Statement.
Which part of the value of the stock is due to growth? Explain your answer. Totla 5 questions based on Advance Financial Accounting.
Determination of net worth - Can you think of any additional information you would like know about Xavier Metals to help you answer this question more thoroughly?
Waters, Inc., acquired 10 % of Denton Corporation on 1 st January, 2012, for $297,400 though Denton's book value on that date was $2,380,000.
'Corporate social responsibility (CSR) reporting to stakeholders is based upon the assumption that companies have wider responsibilities than simply to make money for shareholders.'
Determinants of cash flows. We examine determinants of operating cash flow to assess the quality of operating cash flow. Determinants are components. Specifically, we study the change of accounts of current assets and current liabilities and their..
Describe the methods of revenue recognition and GAAP method of revenue recognition fulfills the needs of the International Financial Reporting System?
calculation of bond price and interest rate risk .both bond sam and bond dave have 16 percent coupons make semiannual
multiple choices on defective products in production.patrick corporation inadvertently produced 10000 defective
Judi uses the subsequent chart of accounts: No. 101 Cash, No. 112 Accounts Receivable, No. 126 Supplies, No. 201 Accounts Payable, No. 205 Unearned Revenue, No. 311 Common Stock, No. 400 Service Revenue, No. 726 Salaries Expense, and No. 729 Rent ..
explanation about the main differences between a stock dividend and a stock split.on january 1 2007 frederiksen inc.s
What are the likely causes of these problems and what are consequences of these problems for investors, Czech companies, and the Prague Stock Exchange?
on may 31 the inventory balances of princess designs a manufacturer of high-quality childrens clothing were as follows
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