Mustafa a friend of yours, plans to open a fashion boutique that will sell women’s clothing and accessories. He told you that he leafed through several books on how to prepare forecasts and pro forma financial statements but that the books were geared toward existing firms that have several years of historical financial statements on which to base their projections. If Mustafa asked for your advice about how to prepare financial statements along with pro forma and forecasts for a completely new women’s fashion boutique, what would you tell him?
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Answer:
He wants to take a console of his mother I will say.
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Answer:
I would tell him step by step how to help his company
Explanation:
I would confront him on what he needs to do and how he can make his job better and watch how his business goes.
hope this works
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