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Busi. 408 Case, Toy World Solution

Busi. 408 Case, Toy World Solution - Exhibit 1 Pro Forma...

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Exhibit 1 Pro Forma Balance Sheets Under Seasonal production, 1994 (thousands of dollars) Actual Dec. 31, 1993 Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Cash $200 $878 $1,526 $1,253 $1,054 $915 $696 $527 $200 $200 $200 $200 $200 Accounts Receivable 2,905 1,060 260 300 300 280 280 300 1,780 3,460 3,980 4,425 3,400 Inventory 586 1,050 1,502 1,940 2,391 2,843 3,294 3,733 3,220 2,565 1,714 769 586 Current assets $3,691 $2,988 $3,288 $3,493 $3,745 $4,038 $4,270 $4,560 $5,200 $6,225 $5,894 $5,394 $4,186 Net plant and equipment 1,176 1,176 1,176 1,176 1,176 1,176 1,176 1,176 1,176 1,176 1,176 1,176 1,176 Total assets $4,867 $4,164 $4,464 $4,669 $4,921 $5,214 $5,446 $5,736 $6,376 $7,401 $7,070 $6,570 $5,362 Accounts payable $282 $250 $250 $250 $250 $250 $250 $250 $250 $250 $250 $250 $250 Notes payable bank 752 254 714 1,160 1,608 2,062 2,517 2,961 3,250 3,888 3,036 1,964 649 Accrued taxes 88 29 (25) (165) (255) (310) (400) (453) (333) (225) (47) 147 169 Long-term debt, current portion 50 50 50 50 50 50 50 50 50 50 50 50 50 Current liabilities $1,172 $583 $989 $1,295 $1,653 $2,052 $2,417 $2,808 $3,217 $3,963 $3,288 $2,411 $1,118 Long term debt 400
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