I’m studying for my Marketing class and need an explanation.

Wk 5 – Balance Sheet and Cash Flow Statement [due Mon]

Wk 5 – Balance Sheet and Cash Flow Statement [due Mon]

Assignment Content

1. 
   Resource:
   Balance Sheet and Cash Flow Statement Grading Guide
   Purpose of Assignment The purpose of this assignment is for students to initiate and complete a comprehensive financial plan. The ultimate result will be a set of pro forma financial statements including an Income Statement, Balance Sheet, and Cash Flow Statement. The student will develop requisite assumptions about the dollar values to be budgeted.
   Assignment Steps Again, we have an issue with Week 5 Assignment. I am so sorry about this. I will be referring these issues to the University. Let’s change the instructions to as follows:
   
   Assignment Steps
   Create a balance sheet by doing the following:
   

   • Conduct an internet search or use a balance sheet from an assignment, or use an example of a balance sheet located in the textbook and locate a balance sheet.
   • Review and discuss in 350 words the assets, liabilities and stockholder’s equity items found on the balance sheet.
   • Create a balance sheet using the account names and balances below. Make assumptions about the dollar values of each account so that the balance sheet balances. Remember that assets will equal liabilities plus stockholders’ equity

   Format assignment consistent with APA guidelines.
   
   Click the Assignment Files tab to submit your assignment.
   
   Cash 32,800
   
   Accounts Payable 49,000
   
   Property and equipment 98,000
   
   Marketable Securities 3,000
   
   Common Stock 10,000
   
   Prepaid Rent 1,000
   
   Inventories 39,800
   
   Accounts Receivable 300
   
   Long Term Debt 99,500
   
   Retained Earnings 11,950
   
   Current Portion of Long Term Debt 4,450
   
   Goodwill 2,000

   • Accumulated Depreciation 2,000

   Format essay part of assignment consistent with APA guidelines.
   
   Submit your assignment.
   Resources

   • Center for Writing Excellence
   • Reference and Citation Generator
   • Grammar and Writing Guides
   • Learning Team Toolkit

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