Finc 495:
Discussion Question:
When a company is trying to decide on investing in the company (capital improvements) why is important for a company to create pro-forma income statements, balance sheets etc.
Assignment:
Case 3 "Investing in a Brewpub: A Capital Budgeting Analysis. Located in Course Resources, Cases in Financial Management, IRJAF Case studies in finance and accounting Vol 11, pages 134-137. Answer the questions at the end of the section.