Salaries and wages Operating supplies 900 900 900 900 900 900 900 900 Repairs and maintenance 750 750 750 750 750 750 750 750 Advertising and promotion Bad debts 300 300 300 300 300 300 300 300 Rent 1 1 Utilities Insurance General office 450 450 450 450 450 450 450 450 Licenses 0 0 0 0 0 0 0 0 Interest 970 970 Debt service (principal) Total cash disbursements Net cash flow Pro Forma Balance Sheets EXHIBIT 7 End of: Year Year Year 2 3 2 3 Assets Liabilities Current assets Accounts payable Cash 3,000 Notes payable 0 0 0 Accounts receivable Total current liabilities Inventory Long-term liabilities Supplies Bank loans payable 300 300 300 Prepaid expenses 1,667 Personal loans payable 0 0 0 Total current assets Total long-term liabilities
Salaries and wages Operating supplies 900 900 900 900 900 900 900 900 Repairs and maintenance 750 750 750 750 750 750 750 750 Advertising and promotion Bad debts 300 300 300 300 300 300 300 300 Rent Utilities Insurance General office 450 450 450 450 450 450 450 450 Licenses 0 0 0 0 0 0 0 0 Interest 970 970 Debt service (principal) Total cash disbursements Net cash flow EXHIBIT 7 Pro Forma Balance Sheets End of: Year 1 2 3 Year 1 Year 2 3 Assets Liabilities Current assets Accounts payable Cash 3,000 Notes payable 0 0 0 Accounts receivable Total current liabilities Inventory Supplies 300 300 300 Long-term liabilities Bank loans payable Prepaid expenses 1,667 Personal loans payable 0 0 0 Total current assets Total long-term liabilities
CASE+7.docx