4. Project uMunch’s sales on a monthly basis for 2019, 2020 and 2021. 5. Prepare a monthly cash budget for 2019, 2020, and 2021. Hint: If uMunch ends any month with a negative cash balance, then use...


4. Project uMunch’s sales on a monthly basis for 2019, 2020 and 2021.


5. Prepare a monthly cash budget for 2019, 2020, and 2021. Hint: If uMunch ends any


month with a negative cash balance, then use the line of credit and factor in the


resulting interest expense.


6. Prepare 2019, 2020, and 2021, Income statements and balance sheets.


7. Using your figures, do you believe that Rezvani and Rajah should proceed with


starting uMunch? Support your opinion with ratios such as ROI, ROE and Break


even

Apr 16, 2021
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