Question

In: Finance

create a new compnay/organiztion and explain the background, its market and product. Then prepare pro forma/Budgeted...

create a new compnay/organiztion and explain the background, its market and product.

Then prepare pro forma/Budgeted Income statement & Retained Earning Statement of your new company/organization

then prepare Pro forma/Budgeted Balance sheet of your new company. The Budgeted Balance sheet is prepared like that of Balance sheet but only here you will use estimated amounts.

then Prepare pro forma/Budgeted Cash Flow statement of a new company.

Need to create a company and make up everything from sratch

Solutions

Expert Solution

Company

XYZ ltd

The company is involved in developing RPG gaming applications over various platforms. Its main revenue is generated from in app purchases and advertisement.

Market

Due to popularity of play store and android there is huge demand for games in the market. The RPG games are loves and played a lot.

Product

RPG gamesCash flow statement


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