Assignment 3: The paper calls for the creation of a sample profit and loss statement. The P&L will be for any month you choose in 2018. You will use the business you selected in Assignment #2 to complete this P&L. You must forecast the estimated revenue and all relevant expenses for the month (salaries, rent, phone, internet, uniforms, supplies, product costs, etc.) and forecast a bottom line cash position (positive, negative, or break-even). You must write a narrative listing all the assumptions you are using to develop your P&L. The overall assignment will be submitted in Word. The P&L and supporting graphs (at least one is needed) will need to be exported into the final paper.
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