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
