Short-term financial planning

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[Short-Term Financial Planning] The PDC Company was described during the early part of this chapter. Refer to the PDC Company’s projected monthly operating schedules in Table 6.2. PDC’s sales are projected to be $80,000 in September 2014. A. Prepare the PDC Company’s projected income statement for August. B. Prepare the PDC Company’s projected balance sheet for August. . C. Prepare the PDC Company’s projected statement of cash flow for August. . D. Compare your balance sheet at the end of August with the balance sheet in Table 6.1 in the chapter and apply the balance sheet method to determine cash flows over the March-August time period

Reference no: EM13913696

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