“C” is the final letter of the POLC functions of management — Control. Financial control is an important means of controlling overall short term and long term success of a business. In your final Assignment concerning financial statements, you will interpret a statement based on given assumptions provided.

“C” is the final letter of the POLC functions of management — Control. Financial control is an important means of controlling overall short term and long term success of a business. In your final Assignment concerning financial statements, you will interpret a statement based on given assumptions provided.

C” is the final letter of the POLC functions of management — Control. Financial control is an important means of controlling overall short term and long term success of a business. In your final Assignment concerning financial statements, you will interpret a statement based on given assumptions provided. You will need to use two files located in Doc Sharing. Checklist: 1. Download two files from Doc Sharing: a) Unit 10 Assignment Spreadsheet (Excel file) b) Unit 10 Assignment Assumptions (Word doc) 2. Then estimate a P&L statement based on the assumptions. 3. Answer the questions: Does the firm need to borrow money at the end of the year to meet expenses? Why or why not? 4. Submit your answer to the questions and your estimated P&L spreadsheet to the Dropbox before the end of this unit. You will need to use two files located in Doc Sharing. Checklist: 1. Download two files from Doc Sharing: a) Unit 10 Assignment Spreadsheet (Excel file) b) Unit 10 Assignment Assumptions (Word doc) 2. Then estimate a P&L statement based on the assumptions. 3. Answer the questions: Does the firm need to borrow money at the end of the year to meet expenses? Why or why not? 4. Submit your answer to the questions and your estimated P&L spreadsheet to the Dropbox before the end of this unit.

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