Q2 Fast Solutions John Wise, a sole trader and computer science...
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Accounting
Q Fast Solutions
John Wise, a sole trader and computer science graduate, wants to expand his IT consultancy business called Fast Solutions. John operates from home, but is now considering relocating to a rented office from the start of January Abby, a graduate in accounting and finance is looking for business opportunities and has saved $ to be used as her own startup capital. She is considering the option of forming a business partnership with John.
Ahby is impressed hy Fast Solutions's level of profit for hut would like John to produce a cash flow forecast for before she makes a decision on forming a business partnership with him.
John has produced forecasted sales revenue and costs for January to June :
John expects to receive monthly revenue of $ of this will be paid in cash with the remaining received one month later.
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