Project 1 Solution Fall 2015

Project 1 Solution Fall 2015 - Starting Month Starting...

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Unformatted text preview: Starting Month Starting Sales Oct-15 300 Sales/Manufacturingllnve nto ry Forecast 10 11 12 Oct-15 NOV-15 De c-15 Jan-16 Fe b-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Se p-16 Sales Forecast New Product (units) 300 300 300 300 300 300 300 300 300 300 Revenue New Product ($5) Cost New Product ($5) 47,997 21,450 47,997 21,450 47, 997 21,450 47,997 21,450 47, 997 21,450 47,997 21,450 47, 997 21,450 47,997 21,450 47, 997 21,450 47,997 21,450 Manufacturing Forecast New Product (Units) 300 300 300 300 300 300 300 300 300 300 I nve ntory New Product (Units) New Product ($5) Sales Price per unit PPU $159. 99 Cost per unit CPU $71. 50 Operating Expenses OE $8,100 Company Funds CF $30, 000 per month beginning in the lst month received in the lst month Wildcat Co. Project Income Statement ($8) 1 27 3 4 5‘ 6 7 8 9 10 11 12 Month Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 ‘ Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Total Revenues l New Product - - 47,997 47,997 47,997 l 47,997 47,997 47,997 47,997 47,997 47,997 47,997 479,970 Total Revenues - - 47,997 47,997 47,997 l 47,997 47,997 47,997 47,997 47,997 47,997 ‘ 47,997 479,970 less: Cost of goods sold - - 21,450 21,450 21,450 l 21,450 21,450 21,450 21,450 21,450 21,450 21,450 214,500 Gross Profit - - 26,547 26,547 26,547 1 26,547 26,547 26,547 26,547 26,547 26,547 ‘ 26,547 265,470 Operating expenses 8,000 8,000 8,000 8,000 8,000 1 8,000 8,000 8,000 8,000 8,000 8,000 8,000 96,000 L Interest Expense - - - - - l - - - - - - - - Depreciation - - - - - l - - - - - - - - Investmentlncome - - - - - - - - - - - - - , - Income Before Taxes (8,000) (8,000) 18,547 18,547 18,547 18,547 18,547 18,547 L 18,547 18,547 18,547 18,547 169,470 Tax Expense - - - - - l - - - - - - ‘ - - Net Income (8,000) (8,000) 18,547 18,547 18,547 ‘ 18,547 18,547 18,547 18,547 18,547 18,547 18,547 169,470 Wildcat Co. Project Statement of Cash Flows ($5) 1 2 3 4 5 6 7 8 9 10 11; 12 Oct-15 Nov-15 Dec-15 Jan-16 Fe b-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Se p-16 Total Operations ‘ Net Income (Loss) (8,000) (8,000) 18,547 18,547 18,547 18,547 18,547 18,547 18,547 18,547 18,547 ‘ 18,547 169,470 Adjustments to net income Accounts Payable - - - - - . . . - . . . - Depreciation/Amortizatior - - - - - - - - - - - - _ lnve ntory - - - - . . . . - . . . . Accounts Receivable - - - - - - - - - - - - _ Investment Income - - - - - - - - - - - - _ Cash Flow from Operations (8,000) (8,000) 18,547 18,547 18,547 18,547 18,547 18,547 18,547 18,547 18,547 18,547 169,470 Investments Property & Equipment - - - - - - - - - - - - _ Cash Flow from Investing- - - - - - - - - - - - . - Cash Flow before Financin (8,000) (8,000) 18,547 18,547 18,547 18,547 18,547 18,547 18,547 18,547 18,547 18,547 169,470 Financing StockICompany Funds 30,000 - - - - - - - - - - - 30,000 Proceeds of Debt - - - - - - - - - - _ _ Reductions to Debt- - - - - - - - - - - _ _ _ Cash Flow from Financing 30,000 - - - - - - - - - - - 30,000 Before Equity Cash Flow (8,000) (8,000) 18,547 18,547 18,547 18,547 18,547 18,547 18,547 18,547 18,547 18,547 169,470 Beginning Cash Balance - 22,000 14,000 32,547 51,094 69,641 88,188 106,735 125,282 143,829 162,376 180,923 - Net Cash Flow 22,000 (8,000) 18,547 18,547 18,547 18,547 18,547 18,547 18,547 18,547 18,547 18,547 199,470 Ending Cash Balance 22,000 14,000 32,547 51,094 69,641 88,188 106,735 125,282 143,829 162,376 180,923 199,470 199,470 ...
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