Purpose of Assignment
The purpose of this assignment is to continue with the Profit and
Loss Statement part of the projected financial statements for your
Entrepreneurial Venture. The costs involved with Operations will now be
added to the Revenue projections from Week 2. One goal is to
effectively minimize the cumulative error between the projected values
and actual values over the relevant time horizon. Please review the
Budget 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.
Note: This assignment must be saved for the ENT/588 course, Special Topics: Innovation and Design.
Format assignment consistent with APA guidelines.
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