
Frustrated by not being able to find a pair of red cowboy boots in her size, Florida woman, who works as an accountant, and her husband is out of work decided to open his own business. While in the store can make a small profit, early sales returns dampen the enthusiasm couple. Now they need to plan for the year ahead. Students are given a balance sheet and income statement for the year 2006, and asked to prepare a projected balance sheet and income statement for the year 2007. "Hide
by Pavel Simko Source: Darden School of Business 4 pages. Publication Date: October 16, 2008. Prod. #: UV1029-PDF-ENG