Aquarius spreadsheets

Aquarius spreadsheets - AQUARIUS ALES BALANCE SHEET Pro...

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AQUARIUS ALES BALANCE SHEET Pro Forma Assets Cash $16,000 Accounts Receivable 2,769 Inventory 9,021 Other Current Assets 1,171 Total Current Assets 28,961 Plant, property and equipment 44,659 Depreciation 4,466 40,193 Other Assets 20,721 Total Assets $90,000 Liabilities Notes Payable $13,206 Accounts Payable 7,205 Income Tax Payable 2,642 Other Current Liabilities 5,833 Total Current Liabilities 28,886 Long-term Debt 17,684 Total Liabilities 46,570 Owners' Equity 43,430 Total Liabilities/Owners' Eq $90,000 AQUARIUS ALES INCOME STATEMENT Pro Forma Cash Flows from Sales $200,000 Cost of Goods Sold 68,000 Vending Revenues 775 Gross Profit 132,775 76,000 Depreciation expense 850 Earnings before interest and tax 55,925 Interest expense 2,000 Profit before taxes 53,925 Cash Flows from Taxes ( 30%) 16,178 Net Income $37,748
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Present Value of Cash Flows Years 1-8 Year Cash Flows Present Value Factor Present Value 1 1198 0.64 766.72 2 5809
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This note was uploaded on 04/07/2008 for the course BMGT 440 taught by Professor White during the Spring '08 term at Maryland.

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Aquarius spreadsheets - AQUARIUS ALES BALANCE SHEET Pro...

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