Base on the Income Statement of Quarter Ended March 31, 1985, complete an estimated income statement showing the effects of the expected transactions for the 2nd and 3rd quarter. 2. Forecasts of collections from accounts receivable by months and of disbursements by months, 3. Complete a summary cash statement, showing the amount of bank loans and the repayment of them; this statement should also show the expected cash balance at September 30.

QUESTION

This is an assignment for FIN4438 Bank Management.

According to the Corporation Finance information:

1. Base on the Income Statement of Quarter Ended March 31, 1985, complete an estimated income statement showing the effects of the expected transactions for the 2nd and 3rd quarter.

2. Forecasts of collections from accounts receivable by months and of disbursements by months,

3. Complete a summary cash statement, showing the amount of bank loans and the repayment of them; this statement should also show the expected cash balance at September 30.

4. Complete an estimated balance sheet showing the expected financial position of Illinois Novelty Company at September 30.

Upon completion, there should be 3 Income Statements and 2 Balance Sheet.

5. Make a complete comparative financial analysis base on all above.

👀 For analysis part, try to be simple but rigorous. You may need something in FIN3331. Remember to include Debt Ratio.

👀 This should be an original work. Don’t plagiarism.

👀 No format requirement. For tables, EXCEL and WORD both are OK. For analysis, MLA is fine.

ANSWER