Create your own company, name, capital and in which industry it is performed? –
What is its vision, mission and what are its objectives? (1/).
Create your own balance sheet and income statement based on your capital provided in Q1
Hint: make sure to cover all items (current assets, current liabilities, fixed assets, shareholders equity etc….) ( 27 )
First, create a balance sheet for a year after, related to the previous one (again, use your own numbers).(17.)
Second, write the two balance sheets’ elements in a schedule and write whether it’s Use or Source of cash with explanation. (27)
Calculate all the ratios that I gave you in a separate paper (ch.3. Working with Financial Statements) (1/ )
Note: you can choose one of the balance sheets that you have created before. But, the income statement you have only one. Thus, you will use it.
Discuss with your group members what did you get out of this course so far, and how do you think it will benefit you in the future.