Case Study: Budgeting
A new company, Apex, was started on December 1, 2013. Below are their sales forecast and other financial information. Based on this information, provide an financial analysis that includes the following:
1) Prepare an income statement budget.
2) Prepare a cash flow budget
3) Does the company have enough capitalization?
4) Which month does the company achieve positive cash flow?
Information related to above question is enclosed below:
Attachment:- CaseStudyBudgeting.rar