Assignment
Develop your current financial statements for one year (if your business hasn't started yet, develop a statement of financial position based on your estimates) and calculate financial ratios:
1) Cash Flow Statement in spreadsheet format
2) Income Statement in spreadsheet format
3) Balance Sheet in spreadsheet format
4) Evaluate your current financial status based on your financial statements. How do you stand, financially? How does it align to your goals? What recommendations do you have for your business?
5) Select two different financial ratios discussed in your readings, calculate the two for your business, and complete the following in a narrative:
a. What does the result of each ratio tell you about your business?
b. What augmentations can you make to improve the results?
c. Ensure you show your calculations
Format your assignment according to the following formatting requirements:
o The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
o The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
o Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.