Group Project Question #1, – Create your own company, name, capital and in which industry it is performed?(2/. ) – What is its vision, mission and what are its objectives? (2 / ) Question #2, Create your own balance sheet and income statement based on your capital provided in Q1 Hint: make sure to cover all items (current assets, current liabilities, fixed assets, shareholders equity etc….) ( 4/ ) Question #3, First, create a balance sheet for a year after, related to the previous one (again, use your own numbers).(2/. ) Second, write the two balance sheets’ elements in a schedule and write whether it’s Use or Source of cash with explanation. (4/ ) Question #4 1. Calculate all the ratios that I gave you in a separate paper (ch.3. Working with Financial Statements) (4/ ) Note: you can choose one of the balance sheets that you have created before. But, the income statement you have only one. Thus, you will use it. Question #5 Discuss with your group members what did you get out of this course so far, and how do you think it will benefit you in the future. (2/.
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