Preparing Effective Business Plans,

Need a 200 words minimum response for each with reference by Thursday morning.

Text: Preparing Effective Business Plans, Ch. 10

#1
Why is the financial plan typically one of the last chapters in a business plan?

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#2
What is the purpose of a sources and uses of funds statement?

#3
What is the purpose of an assumptions sheet?

#4
Briefly describe the three pro forma financial statements that should be included in a business plan.

#5
How is it possible for a firm to show a sizable net income on its income statements and still be running out of cash?

#6
Describe the term “cost of goods sold (COGS).”

#7
Describe why many people feel that the cash flow statement is the most valuable statement of the three financial statements normally included in a business plan.

#8
Describe the purpose of ratio analysis.

#9
Briefly describe at least one profitability ratio, one liquidity ratio, and one overall financial stability ratio.

 
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