Please read this attachment and each part need to be done
Part one
Please refer to the attached documents Go Furniture
Financial Forecast, Financials for go furniture to complete Part one
Write the Financial Plan
for your organization (a minimum of 500 words). Create the accompanying
spreadsheet(s) and address the following in your plan:
1.Using Excel, create a three-year pro forma income statement for
your organization (or product/service). Review the resources in the topic
materials for additional information.
2.Calculate your financial break-even point: BEP= Fixed Costs/
(unit price – variable unit costs).
3.Identify possible sources for investment capital if required
(friends, family, banks, USSBA, etc.).
4.Explain how you will use financial information to help you craft
your business strategy.
5.Identify the key financial ratios you will use to measure the
performance of your organization to determine success.
Prepare this assignment
according to the APA guidelines found in the APA Style Guide, located in the
Student Success Center. An abstract is not required.
Part 2
Complete the whole assignment
Scenario: Your organization’s CEO is concerned that
members of the strategic planning committee are not familiar with current
economic thought and principles. The CEO has assigned you the task of
developing a report to introduce some of these thoughts and principles.
Develop a 1,050-word report to the members of the
strategic planning committee explaining the following information:
- How economists are both
scientists and policymakers and what process society uses to allocate its
scarce resources. - Using the circular flow model,
explain the flow of money and goods in an economy. - How does the economy coordinate
society’s independent economic actors. - A country’s gross domestic
product (GDP) and how it is defined and calculated. - How the consumer price index
(CPI) is constructed and why it is an imperfect measurement of the cost of
living.
Format the assignment consistent with APA guidelines.
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