Posted: September 14th, 2017
The questions involve some applications of methods of income statement and balance sheet analysis via the use of Percentage of Sales Methods Method and the Equation Method.
Both methods are used to find Additional Funds Needed.
A full Word doucment is uploaded containing the income and balance sheets and detailed questions
Please show all working. if an Excel spreadsheet is used please upload it. You may write explanations onto the spreadsheet with a pen, or just type them in as you see fit.
Thank you. And please do not hesitate to contact me should you have any questions.
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