Refer to the Income Statement provided by our client which is a word document, complete the excel income
statement and review the assumptions provided. Develop a proposed budget for next year, explaining how you
derived the numbers. Evaluate the cash needed for the next year. Explain the purpose of a cash budget to the
client and include actual and potential sources and uses of cash. Finally, explain the assumptions you have
made and support them, in APA format. Use the template provided for both documents. I have also provided
reading material to incorporate into the word document assignment.
Sample Solution