c. Explain how your projected income statement for the semester is likely to impact your financial position (i.e., balance sheet) at the end of the semester. (Note: You are not required to prepare a projected balance sheet.)
d. Identify the major sources (and uses) of cash that you are expecting to receive (and spend) this semester. (Note: You are not required to prepare a projected statement of cash flows.)
e. Give three possible explanations why a full-time college student might incur a substantial net loss during the fall semester of her junior year, yet have more cash at the end of the semester than she had at the beginning.