The financial analysis component of a business plan is to describe
a. how your business will be organized and what type of management or department structure your business will have
b. the big picture? behind your business, what your business has to offer the consumer, and why your business will be successful
c. the size of the market, how your business will fit into the market, and how your business will stand out from other businesses in the market
d. where the funds to start

Sailcloth & more currently produces boat sails and is considering expanding its operations to include awnings for homes and travel trailers. the company owns land beside its current manufacturing facility that could be used for the expansion. the company bought this land 5 years ago at a cost of $319,000. at the time of purchase, the company paid $24,000 to level out the land so it would be suitable for future use. today, the land is valued at $295,000. the company has some unused equipment that it currently owns valued at $38,000. this equipment could be used for producing awnings if $12,000 is spent for equipment modifications. other equipment costing $490,000 will also be required. what is the amount of the initial cash flow for this expansion project?