ENTR315-Week 3 assignment

Construct a basic income statement, balance sheet, and statement of cash flows. If you are far enough along in your business, please use those figures; if you are close, guestimate you figures. If you have not yet decided on a specific business, design these three statements using your personal information. Upload your completed spreadsheet in one document to the assignment area. If you are not familiar about how to create an Excel worksheet, please review the Readings & Resources.

Week 4 forum: Analyze the use, as an entrepreneur, of financial statements and pro forma financial statements. What is the purpose of pro forma and what are the consequences for the business of not using pro forma statements? How do these help an entrepreneur to evaluate the feasibility of a venture?

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