We don’t need to prepare draft .specially mentioned by professor. And The financial plan I need to prepare is for my company. RERU private limited which is done in order number 37182 and the...

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We don’t need to prepare draft .specially mentioned by professor. And The financial plan I need to prepare is for my company. RERU private limited which is done in order number 37182 and the assignment is —-

The task is toprepare 3 financial statements as per samples Provided by the Professor on the BB and discussed in classof your future3 yearsofbusinessoperation.3 financial statements FOR YOUR MANUFACTURING BUSINESS OPERATION IN THE EXPORT COUNTRY are required and are as follows:


1.SalesForecast–Domestic Currency2.Sales Forecast – Foreign Currency3.Sales Forecast – Units




Each statementhas tobe on a separate page, color coded, pages numbered, all prices information clear, currency conversation provided as perOandasite and references are provided on the last page.



Good luck!






David's Doors Door Sales to Portugal (in Canadian dollars) $1.00 CAD = 1.35€ Year 201X Customer Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total Lisbon Lou's -$ -$ -$ -$ -$ -$ 1,620$ 1,620$ 1,620$ 1,620$ 1,620$ 1,620$ 9,720$ Algarve Hardware -$ -$ -$ -$ -$ -$ -$ -$ -$ 1,350$ 1,350$ 1,350$ 4,050$ Fatima Fix-It -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Others -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ TOTAL -$ -$ -$ -$ -$ -$ 1,620$ 1,620$ 1,620$ 2,970$ 2,970$ 2,970$ 13,770$ Year 201Y Customer Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total Lisbon Lou's 1,701$ 1,701$ 2,835$ 2,835$ 2,835$ 2,835$ 2,835$ 4,253$ 4,253$ 4,253$ 4,253$ 4,253$ 38,840$ Algarve Hardware 1,418$ 1,418$ 1,418$ 1,418$ 1,418$ 1,418$ 1,418$ 1,418$ 1,418$ 1,418$ 1,418$ 1,418$ 17,010$ Fatima Fix-It -$ -$ 567$ 567$ 567$ 567$ 567$ 567$ 567$ 567$ 567$ 567$ 5,670$ Others -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ TOTAL 3,119$ 3,119$ 4,820$ 4,820$ 4,820$ 4,820$ 4,820$ 6,237$ 6,237$ 6,237$ 6,237$ 6,237$ 61,520$ Year 201Z Customer Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total Lisbon Lou's 4,556$ 4,556$ 4,556$ 4,556$ 4,556$ 4,556$ 4,556$ 4,556$ 4,556$ 5,468$ 5,468$ 5,468$ 57,409$ Algarve Hardware 1,519$ 1,519$ 1,519$ 1,519$ 3,038$ 3,038$ 3,038$ 3,038$ 3,038$ 3,038$ 3,038$ 3,038$ 30,375$ Fatima Fix-It 608$ 1,519$ 1,519$ 1,519$ 1,519$ 1,519$ 1,519$ 1,519$ 1,519$ 1,519$ 1,519$ 1,519$ 17,314$ Others -$ -$ -$ -$ 1,215$ 1,215$ 1,215$ 1,215$ 1,215$ 1,215$ 1,823$ 2,430$ 11,543$ TOTAL 6,683$ 7,594$ 7,594$ 7,594$ 10,328$ 10,328$ 10,328$ 10,328$ 10,328$ 11,239$ 11,846$ 12,454$ 116,640$

Answered Same DayMar 17, 2021

Answer To: We don’t need to prepare draft .specially mentioned by professor. And The financial plan I need to...

Aarti J answered on Mar 20 2021
139 Votes

Reru Limited Financial forecast:
Reru company deals with the freezing bags and it is assumed that
the company has three major clients which are ABC meat processing, Sazz meat processing and Will meat processing.
Sales forecast – Domestic:
The sales of the company for the first year is expected to grow by 10% i.e. every month the sales of the company will increase by 10%. The sales for the next year will grow by 20% and then again 10% evert month. This sale pattern is followed by all the customers of the company.
Sales forecast – Foreign currency:
For the foreign currency, As 1 Real = 0.35 Canadian dollar, so all the sales of the company will be converted to Canadian dollar by dividing the sales to0.35
Sales forecast – Units:
We have assumed that the cost of per unit will be 20 REAL, so all the sales of the company will calculated as per REAL 20 per unit. The unit price will be constant over the years.
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