Description
Purpose of Assignment
The purpose of this assignment is to continue with the Profit andLoss Statement part of the projected financial statements for yourEntrepreneurial Venture. The costs involved with Operations will now beadded to the Revenue projections from Week 2. One goal is toeffectively minimize the cumulative error between the projected valuesand actual values over the relevant time horizon. Please review theBudget Format Workbook posted to class messages.
Note: The official term Income Statement is also known informally as Profit and Loss Statement.
Assignment Steps
Analyze the revenue items based on information collected and add them to your projected financial statements.
Create a 350-word Profit and Loss Statement following the income statement format.
Conduct an internet search or use the example located in the textbook for the course.
Format assignment consistent with APA guidelines.
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