Need a 200 words minimum response for each with reference by Thursday morning.

Text: Preparing Effective Business Plans, Ch. 10

#1 Why is the financial plan typically one of the last chapters in a business plan?

#2 What is the purpose of a sources and uses of funds statement?

#3 What is the purpose of an assumptions sheet?

#4 Briefly describe the three pro forma financial statements that should be included in a business plan.

#5 How is it possible for a firm to show a sizable net income on its income statements and still be running out of cash?

#6 Describe the term "cost of goods sold (COGS)."

#7 Describe why many people feel that the cash flow statement is the most valuable statement of the three financial statements normally included in a business plan.

#8 Describe the purpose of ratio analysis.

#9 Briefly describe at least one profitability ratio, one liquidity ratio, and one overall financial stability ratio.