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    Assignment 2 Excel

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    Robert Mascharan
    The document contains the income statement and balance sheet for 20XX, as well as pro forma projections for 20XX+1. The income statement shows revenues of $5 million, costs of $2.75 million, expenses of $850,000, interest of $200,000, net profits before taxes of $1.2 million, taxes of $480,000, and net profits of $720,000 with $288,000 paid out in dividends and $432,000 retained as earnings. The balance sheet lists assets of $3 million including $200,000 in cash and $1.6 million in current assets, with liabilities of $1.375 million including $1 million in current liabilities,

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    Assignment 2 Excel

    Uploaded by

    Robert Mascharan
    50 views2 pages
    The document contains the income statement and balance sheet for 20XX, as well as pro forma projections for 20XX+1. The income statement shows revenues of $5 million, costs of $2.75 million, expenses of $850,000, interest of $200,000, net profits before taxes of $1.2 million, taxes of $480,000, and net profits of $720,000 with $288,000 paid out in dividends and $432,000 retained as earnings. The balance sheet lists assets of $3 million including $200,000 in cash and $1.6 million in current assets, with liabilities of $1.375 million including $1 million in current liabilities,

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    Excel Assignment

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    Assignment 2 Excel.xlsx

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    The document contains the income statement and balance sheet for 20XX, as well as pro forma projections for 20XX+1. The income statement shows revenues of $5 million, costs of $2.75 million, expenses of $850,000, interest of $200,000, net profits before taxes of $1.2 million, taxes of $480,000, and net profits of $720,000 with $288,000 paid out in dividends and $432,000 retained as earnings. The balance sheet lists assets of $3 million including $200,000 in cash and $1.6 million in current assets, with liabilities of $1.375 million including $1 million in current liabilities,

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    50 views2 pages

    Assignment 2 Excel

    Uploaded by

    Robert Mascharan
    The document contains the income statement and balance sheet for 20XX, as well as pro forma projections for 20XX+1. The income statement shows revenues of $5 million, costs of $2.75 million, expenses of $850,000, interest of $200,000, net profits before taxes of $1.2 million, taxes of $480,000, and net profits of $720,000 with $288,000 paid out in dividends and $432,000 retained as earnings. The balance sheet lists assets of $3 million including $200,000 in cash and $1.6 million in current assets, with liabilities of $1.375 million including $1 million in current liabilities,

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    of 2

    INCOME STATEMENT for the year ended 31/12/20XX Sales revenue 5,000,000 Cost of goods sold 2,750,000 Operating

    expenses 850,000 Interest expenses 200,000 Net profits before taxes 1,200,000 Taxes 480,000 Net profits after taxes 720,000 Cash dividends 288,000 Retained earnings 432,000

    PRO FORMA INCOME STATEMENT for the year ended 31/12/20XX+1 Sales revenue Cost of goods sold Operating expenses Interest expenses Net profits before taxes Taxes Net profits after taxes Cash dividends Retained earnings

    BALANCE SHEET 31/12/20XX ASSET cash Marketable securities Account receivable Inventory Total current assets Net non-current assets Total assets LIABILITIES AND EQUITIES Accounts payable Taxes payable Notes payable Other current liabilities Total current liabilities Non-current debt Ordinary shares Retained earnings Total liabilities and equities

    200,000 275,000 625,000 500,000 1,600,000 1,400,000 3,000,000

    PRO FORMA BALANCE SHEET 31/12/20XX+1 ASSET cash Marketable securities Account receivable Inventory Total current assets Net non-current assets Total assets LIABILITIES AND EQUITIES Accounts payable Taxes payable Notes payable Other current liabilities Total current liabilities Non-current debt Ordinary shares Retained earnings Total liabilities and equities External financing needed

    700,000 95,000 200,000 5,000 1,000,000 550,000 75,000 1,375,000 3,000,000

    [enter equation (or number if there is no related ["show" your calculation in this column. Add ' equation) in this column] in front.]

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