In unit 3 fix all the bold print there are dates to be added to unit 3 Unit 3 Description: You complete the first five pages in this phase of your Capstone Project. This page requirement does not in
Financial Aspects of My Capstone Project (Draft Submission)
1. Appraisal of the Project’s Financial Health
1st step:
To assess the financial health of my Capstone project, I analyzed key financial data using managerial accounting principles.
This includes reviewing revenue projections, structures, and profitability estimates.
Projected Revenue: (Estimate the total expected income from the project.)
Total Costs: (Break down fixed and variable costs, including startup expenses and operational costs.)
Break-even Analysis: The break-even point is calculated to determine how long it will take to recover initial investments.
A strong financial
ensures that the project remains viable and scalable over time.
2. Assessment and Interpretation of Financial Statements
Income Statement (Projected)
| Category | Amount ($) |
| Revenue | X |
| Fixed Costs | Y |
| Variable Costs| Z |
| Net Profit | X - (Y + Z) |
Balance Sheet (Projected):
Assets | Amount ($) |
| Cash | A |
| Equipment | B |
| Liabilities | C |
| Owner’s Equity | A + B - C |
The financial statements indicate whether the project is in a strong financial position and highlight areas needing improvement.
3. Application of Financial Performance Models
To evaluate financial performance, I applied the following models:
Break-even Analysis: Determines how much revenue is required to cover costs.
Net Present Value (NPV): Evaluate long-term profitability by discounting future cash flows.
Return on Investment (ROI) Measures financial returns based on initial capital investment.
By using these models, I can ensure the financial sustainability of the project.
Feedback on Two Other Students’ Projects
Student 1:
Your financial breakdown is well-structured, but consider providing more details on cost estimates. Including specific numbers for fixed and variable costs would enhance clarity. Additionally, I recommend calculating your ROI to assess long-term viability.
Student 2:
Your project’s financial health is strong, but you could refine your revenue projections by considering market trends and competitive analysis. A deeper look at NPV calculations would also improve the financial assessment.
