Financial Consideration
55
© BPLanExperts.com
Pro Forma Balance Sheet
Year 1
Year 2
Year 3
Assets
Current Assets
Cash
$1,014,862
$1,522,431
$3,215,219
Inventory
$118,360
$551,077
$1,102,154
Other Current Assets
$5,000
$5,000
$5,000
Total Current Assets
$1,138,222
$2,078,508
$4,322,374
Long-term Assets
Long-term Assets
$100,000
$100,000
$100,000
Accumulated Depreciation
$0
$0
$0
Total Long-term Assets
$100,000
$100,000
$100,000
Total Assets
$1,238,222
$2,178,508
$4,422,374
Liabilities and Capital
Year 1
Year 2
Year 3
Current Liabilities
Accounts Payable
$262,252
$775,538
$1,489,404
Current Borrowing
$0
$0
$0
Other Current Liabilities
$0
$0
$0
Subtotal Current Liabilities
$262,252
$775,538
$1,489,404
Long-term Liabilities
$0
$0
$0
Total Liabilities
$262,252
$775,538
$1,489,404
Paid-in Capital
$1,177,500
$1,177,500
$1,177,500
Retained Earnings
($62,500)
($201,530)
$225,470
Earnings
($139,030)
$427,000
$1,530,000
Total Capital
$975,970
$1,402,970
$2,932,970
Total Liabilities and Capital
$1,238,222
$2,178,508
$4,422,374
Net Worth
$975,970
$1,402,970
$2,932,970
