SCORE Financial Projection Model

Please read this entire page before you do anything else

This spreadsheet walks you through the process of developing an integrated set of financial projections.

To use this model, simply complete any information asked for found in the color yellow.
Example: Fill in boxes that look like this -

A number found in the color green is optional information that you can complete.
Example: Check these assumptions -

Otherwise, any information found in black type is automatically calculated for you.
Although the cells that are calculated are locked (or protected), you can turn off this protection to modify the sheets.
To do this, select "Tools" from the menu bar at the top of the screen. Then select, "Protection."
Finally, select "Unprotect Sheet" and you will be able to edit any labels or formulas.

Before you begin, we need some information about your business to best customize your financial statements.
Please enter the name of your business in the box below:

Enter Your Business Name Here

The first six worksheets in this workbook are steps you will need to complete. They are titled:
1. Required Start-Up Funds
2. Salaries and Wages
3. Fixed Operating Expenses
4. & 5. Projected Sales Forecast (2 sheets)
6. Cash Receipts and Disbursements

Begin by clicking on the tabs below

Enter Your Business Name Here
Required Start-Up Funds for a New Business or
Opening Balance Sheet for an Existing Business

Required Start-Up Funds Amount Totals Depreciation Notes

Fixed Assets
Real Estate-Land $ 1,530,000
Buildings 2,100,000 10.00 years
Leasehold Improvements - - years
Equipment 335,000 10.00 years
Furniture and Fixtures 61,500 7.00 years
Vehicles 639,000 5.00 years
Other Fixed Assets - 5.00 years
Total Fixed Assets 4,665,500

Operating Capital
Pre-Opening Salaries and Wages 125,853
Prepaid Insurance Premiums -
Inventory 2,136,000
Legal and Accounting Fees 9,583
Rent Deposits -
Utility Deposits 15,500
Supplies 5,240
Advertising and Promotions 1,400
Licenses 16,352
Other Initial Start-Up Costs -
Working Capital (Cash On Hand) - For existing businesses = Cash+Ppd Exp+A/R-A/P-Accrd Exp See Note below#
Total Operating Capital 2,309,928

Total Required Funds $ 6,975,428

Sources of Funding Amount Totals Loan Rate Term in Months Monthly Payments
Owner's Equity 33.69% 3,000,000
Outside Investors 0.00% -
Additional Loans or Debt
Commercial Loan 33.69% 3,000,000 4.00% 60.00 $55,249.57
Commercial Mortgage 32.61% 2,904,000 8.00% 240.00 $24,290.22
Credit Card Debt 0.00% - 7.00% 60.00 $0.00
Vehicle Loans 0.00% - 6.00% 48.00 $0.00
Other Bank Debt 0.00% - 5.00% 36.00 $0.00
Total Sources of Funding 100.00% $ 8,904,000 $79,539.79

### #DIV/0!
Note#: For existing businesses, this should be the "bucket" of cash plus recievables that will
be turned into cash or payables paid out in cash in the near term (i.e. in the first month of the plan)
Enter Your Business Name Here
Salaries and Wages

Salaries and Related Expenses # Assumptions Wage Base Monthly Year One Year Two Year Three

Percent Change 3.00% 3.00%

Salaries and Wages

Owner's Compensation 0 $ - - - -
Salaries 0 - - - -
Wages
Full-Time Employees 0 - - - -
Estimated Hours Per Week 40.00
Estimated Rate Per Hour $ 9.00
Part-Time Employees 0 - - - -
Estimated Hours Per Week 20.00
Estimated Rate Per Hour $ 9.00
Independent Contractors - - - -
Total Salaries and Wages 0 - - - -

Payroll Taxes and Benefits

Social Security 6.20% $ 102,000 - - - -
Medicare 1.45% - - - -
Federal Unemployment Tax (FUTA) 0.80% $ 7,000 - - - -
State Unemployment Tax (SUTA) 2.70% $ 7,000 - - - -
Employee Pension Programs 0.00% - - - -
Worker's Compensation 0.00% - - - -
Employee Health Insurance 0.00% - - - -
Other Employee Benefit Programs 4.00% - - - -
Total Payroll Taxes and Benefits - - - -

Total Salaries and Related Expenses - - - -

Enter Your Business Name Here
Fixed Operating Expenses

Fixed Operating Expenses Monthly Year One Year Two Year Three Notes

Percent Change 5.00% 5.00%

Expenses
Advertising $ 1,400 16,800 17,640 18,522
Car and Truck Expenses 14,500 174,000 182,700 191,835
Bank & Merchant Fees - - - -
Contract Labor - - - -
Conferences & Seminars - - - -
Customer Discounts and Refunds - - - -
Dues and Subscriptions - - - -
Miscellaneous - - - -
Insurance (Liability and Property) - - - -
Licenses/Fees/Permits 16,352 196,224 206,035 216,337
Legal and Professional Fees 9,583 114,996 120,746 126,783
Office Expenses & Supplies 1,310 15,720 16,506 17,331
Postage and Delivery - - - -
Rent (on business property) - - - -
Rent of Vehicles and Equipment - - - -
Sales & Marketing - - - -
Taxes-Other - - - -
Telephone and Communications 200 2,400 2,520 2,646
Travel - - - -
Utilities 7,500 90,000 94,500 99,225
Total Expenses 50,845 610,140 640,647 672,679

Other Expenses
Depreciation #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Interest
Commercial Loan 3,000,000 109,934 87,401 63,951
Commercial Mortgage 19,175 230,102 225,007 219,490
Line of Credit #DIV/0! #DIV/0! - -
Credit Card Debt - - - -
Vehicle Loans - - - -
Other Bank Debt - - - -
Total Other Expenses #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Total Fixed Operating Expenses #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Enter Your Business Name Here
Projected Sales Forecast

Products and Services Assumptions % Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Totals

Product/Service A
Price Per Unit $ 240.00 100.00%
Variable Cost Per Unit $ 150.00 62.50%
Gross Margin Per Unit $ 90.00 37.50%
Projected Unit Sales 0
Seasonality Factor 11.52% 6.46% 11.52% 11.52% 11.52% 3.84% 3.84% 3.84% 6.46% 6.46% 11.52% 11.52% 100.00%
Year One ### 768,000 ### ### ### 456,000 456,000 456,000 768,000 768,000 ### 1,368,000 11,880,000
Year Two Growth 5.00% ### 806,400 ### ### ### 478,800 478,800 478,800 806,400 806,400 ### 1,436,400 12,474,000
Year Three Growth 5.00% ### 846,720 ### ### ### 502,740 502,740 502,740 846,720 846,720 ### 1,508,220 13,097,700
Overhead Exp Allocation 50.00%

Projected Revenue $ 2,851,200,000

Variable Costs 1,782,000,000
Gross Margin 1,069,200,000
Overhead Expenses #DIV/0!
Profit #DIV/0! #DIV/0!

Breakeven Sales Revenu #DIV/0!

Breakeven Sales Units #DIV/0!

Product/Service B
Price Per Unit $ - 100.00%
Variable Cost Per Unit $ - 0.00%
Gross Margin Per Unit $ - 0.00%
Projected Unit Sales
Seasonality Factor 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Year One - - - - - - - - - - - - -
Year Two Growth 10.00% - - - - - - - - - - - - -
Year Three Growth 10.00% - - - - - - - - - - - - -
Overhead Exp Allocation 16.67%

Projected Revenue $ -
Variable Costs -
Gross Margin -
Overhead Expenses #DIV/0!
Profit #DIV/0! 0.00%

Breakeven Sales Revenu $ -

Breakeven Sales Units -
Enter Your Business Name Here
Projected Sales Forecast - Page 2

Products and Services Assumptions % Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Totals

Product/Service C
Price Per Unit $ - 100.00%
Variable Cost Per Unit $ - 0.00%
Gross Margin Per Unit $ - 0.00%
Projected Unit Sales
Seasonality Factor 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Year One - - - - - - - - - - - - -
Year Two Growth 10.00% - - - - - - - - - - - - -
Year Three Growth 10.00% - - - - - - - - - - - - -
Overhead Exp Allocation 16.67%

Projected Revenue $ -
Variable Costs -
Gross Margin -
Overhead Expenses #DIV/0!
Profit #DIV/0! 0.00%

Breakeven Sales Revenu $ -

Breakeven Sales Units -

Product/Service D
Price Per Unit $ - 100.00%
Variable Cost Per Unit $ - 0.00%
Gross Margin Per Unit $ - 0.00%
Projected Unit Sales
Seasonality Factor 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Year One - - - - - - - - - - - - -
Year Two Growth 10.00% - - - - - - - - - - - - -
Year Three Growth 10.00% - - - - - - - - - - - - -
Overhead Exp Allocation 16.67%

Projected Revenue $ -
Variable Costs -
Gross Margin -
Overhead Expenses #DIV/0!
Profit #DIV/0! 0.00%

Breakeven Sales Revenu $ -

Breakeven Sales Units -
Enter Your Business Name Here
Cash Receipts and Disbursements

Accounts Receivable Collections

Percent of Collections
0 to 30 days 50.00%
31 to 60 days 50.00%
More than 60 days 0.00%
Total Collections Percentage 100.00%

Accounts Payable Disbursements

Number of Days to Pay Suppliers
0 to 30 days 100.00%
31 to 60 days 0.00%
More than 60 days 0.00%
Total Disbursements Percentage 100.00%

Line of Credit Assumptions

Desired Minimum Cash Balance $ -
Line of Credit Interest Rate 8.00%

Income Tax Assumptions

Effective Income Tax Rate 20.00%
57,976 4,831
Amortization of Start-Up Expenses - -
Amortization Period in Years 3.00 4,831
Enter Your Business Name Here
Projected Income Statement - Year One

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Totals

Income
Product/Service A 1,368,000 768,000 1,368,000 1,368,000 1,368,000 456,000 456,000 456,000 768,000 768,000 1,368,000 1,368,000 11,880,000
Product/Service B - - - - - - - - - - - - -
-
-
Total Income 1,368,000 768,000 1,368,000 1,368,000 1,368,000 456,000 456,000 456,000 768,000 768,000 1,368,000 1,368,000 11,880,000

Cost of Sales
Product/Service A ### ### ### ### ### ### ### ### ### ### ### 1,576,800,000
Product/Service B - - - - - - - - - - - - -
-
-
Total Cost of Sales - ### ### ### ### ### ### ### ### ### ### ### 1,576,800,000

Gross Margin 1,368,000 ### ### ### ### ### ### ### ### ### ### ### (1,564,920,000)

Total Salary and Wages - - - - - - - - - - - - -

Fixed Business Expenses

Advertising 1,400 1,400 1,400 1,400 1,400 1,400 1,400 1,400 1,400 1,400 1,400 1,400 16,800
Car and Truck Expenses 14,500 14,500 14,500 14,500 14,500 14,500 14,500 14,500 14,500 14,500 14,500 14,500 174,000
Bank & Merchant Fees - - - - - - - - - - - - -
Contract Labor - - - - - - - - - - - - -
Conferences & Seminars - - - - - - - - - - - - -
Customer Discounts and Refund - - - - - - - - - - - - -
Dues and Subscriptions - - - - - - - - - - - - -
Miscellaneous - - - - - - - - - - - - -
Insurance (Liability and Property - - - - - - - - - - - - -
Licenses/Fees/Permits 16,352 16,352 16,352 16,352 16,352 16,352 16,352 16,352 16,352 16,352 16,352 16,352 196,224
Legal and Professional Fees 9,583 9,583 9,583 9,583 9,583 9,583 9,583 9,583 9,583 9,583 9,583 9,583 114,996
Office Expenses & Supplies 1,310 1,310 1,310 1,310 1,310 1,310 1,310 1,310 1,310 1,310 1,310 1,310 15,720
Postage and Delivery - - - - - - - - - - - - -
Rent (on business property) - - - - - - - - - - - - -
Rent of Vehicles and Equipment - - - - - - - - - - - - -
Sales & Marketing - - - - - - - - - - - - -
Taxes-Other - - - - - - - - - - - - -
Telephone and Communications 200 200 200 200 200 200 200 200 200 200 200 200 2,400
Travel - - - - - - - - - - - - -
Utilities 7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500 90,000
Total Fixed Business Expenses 50,845 50,845 50,845 50,845 50,845 50,845 50,845 50,845 50,845 50,845 50,845 50,845 610,140

Other Expenses
Amortized Start-up Expenses 4,831 4,831 4,831 4,831 4,831 4,831 4,831 4,831 4,831 4,831 4,831 4,831 57,976
Enter Your Business Name Here
Projected Income Statement - Year One

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Totals
Depreciation #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Interest
Commercial Loan 10,000 9,849 9,698 9,546 9,394 9,241 9,087 8,934 8,779 8,624 8,469 8,313 109,934
Commercial Mortgage 19,360 19,327 19,294 19,261 19,227 19,193 19,159 19,125 19,091 19,056 19,021 18,986 230,102
Line of Credit - - 758,058 #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Credit Card Debt - - - - - - - - - - - - -
Vehicle Loans - - - - - - - - - - - - -
Other Bank Debt - - - - - - - - - - - - -
Taxes #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Total Other Expenses #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Net Income #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Enter Your Business Name SOClean Portable Bidet
Projected Cash Flow Statement - Year One

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Totals

Beginning Cash Balance - 553,615 - #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Cash Inflows
Income from Sales 684,000 384,000 684,000 684,000 684,000 228,000 228,000 228,000 384,000 384,000 684,000 684,000 5,940,000
Accounts Receivable - 684,000 384,000 684,000 684,000 684,000 228,000 228,000 228,000 384,000 384,000 684,000 5,256,000
Total Cash Inflows 684,000 1,068,000 1,068,000 1,368,000 1,368,000 912,000 456,000 456,000 612,000 768,000 1,068,000 1,368,000 11,196,000

Cash Outflows
Investing Activities
New Fixed Assets Purchases - - - - - - - - - - - - -
Inventory Addition to Bal.She - - - - - - - - - - - - -
Cost of Sales - ### ### ### ### ### ### ### ### ### ### ### 1,576,800,000
Operating Activities
Salaries and Wages - - - - - - - - - - - - -
Fixed Business Expenses 50,845 50,845 50,845 50,845 50,845 50,845 50,845 50,845 50,845 50,845 50,845 50,845 610,140
Taxes - - #DIV/0! - - #DIV/0! - - #DIV/0! - - #DIV/0! #DIV/0!
Financing Activities -
Loan Payments 79,540 79,540 79,540 79,540 79,540 79,540 79,540 79,540 79,540 79,540 79,540 79,540 954,477
Line of Credit Interest - - 758,058 #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Line of Credit Repayments - - - - - - - - - - - - -
Dividends Paid - - - - - - - - - - - - -
Total Cash Outflows 130,385 ### #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Cash Flow 553,615 ### #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Operating Cash Balance 553,615 ### #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Line of Credit Drawdowns - ### #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Ending Cash Balance 553,615 - #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Line of Credit Balance - ### #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Enter Your Business Name Here
Balance Sheet - Year One

Base Period End of Year One

Assets
Current Assets
Cash - #DIV/0!
Accounts Receivable - 684,000
Inventory 2,136,000 2,136,000
Prepaid Expenses 173,928 115,952
Other Current - -
Total Current Assets 2,309,928 #DIV/0!

Fixed Assets
Real Estate-Land 1,530,000 1,530,000
Buildings 2,100,000 2,100,000
Leasehold Improvements - -
Equipment 335,000 335,000
Furniture and Fixtures 61,500 61,500
Vehicles 639,000 639,000
Other Fixed Assets - -
Total Fixed Assets 4,665,500 4,665,500

Less: Accumulated Depreciation - #DIV/0!

Total Assets 6,975,428 #DIV/0!

Liabilities and Owner's Equity

Liabilities
Accounts Payable - -
Loan Payable 3,000,000 2,446,939
Mortgage Payable 2,904,000 2,842,619
Credit Card Debt - -
Vehicle Loans - -
Other Bank Debt - -
Line of Credit Balance - #DIV/0!
Total Liabilities 5,904,000 #DIV/0!

Owner's Equity
Common Stock 3,000,000 3,000,000
Retained Earnings - #DIV/0!
Dividends Dispersed - -
Total Owner's Equity 3,000,000 #DIV/0!
Enter Your Business Name Here
Balance Sheet - Year One

Base Period End of Year One

Total Liabilities and Owner's Equity 8,904,000 #DIV/0!

Does Not Balance #DIV/0!

Enter Your Business Name Here
Year End Summary

Year One % Year Two % Year Three %

Income
Product/Service A 11,880,000 2,993,760,000 3,143,448,000
Product/Service B - - -
- - -
- - -
Total Income 11,880,000 100.00% 2,993,760,000 100.00% 3,143,448,000 100.00%

Cost of Sales
Product/Service A 1,576,800,000 1,871,100,000 1,964,655,000
Product/Service B - - -
- - -
- - -
Total Cost of Sales 1,576,800,000 13272.73% 1,871,100,000 62.50% 1,964,655,000 62.50%

Gross Margin (1,564,920,000) -13172.73% 1,122,660,000 37.50% 1,178,793,000 37.50%

Total Salary and Wages - 0.00% - 0.00% - 0.00%

Fixed Business Expenses

Advertising 16,800 17,640 18,522
Car and Truck Expenses 174,000 182,700 191,835
Bank & Merchant Fees - - -
Contract Labor - - -
Conferences & Seminars - - -
Customer Discounts and Refunds - - -
Dues and Subscriptions - - -
Miscellaneous - - -
Insurance (Liability and Property) - - -
Licenses/Fees/Permits 196,224 206,035 216,337
Legal and Professional Fees 114,996 120,746 126,783
Office Expenses & Supplies 15,720 16,506 17,331
Postage and Delivery - - -
Rent (on business property) - - -
Rent of Vehicles and Equipment - - -
Sales & Marketing - - -
Taxes-Other - - -
Telephone and Communications 2,400 2,520 2,646
Travel - - -
Utilities 90,000 94,500 99,225
Total Fixed Business Expenses 610,140 5.14% 640,647 0.02% 672,679 0.02%

Operating Income (before Other Expenses) (1,565,530,140) -13177.86% 1,122,019,353 37.48% 1,178,120,321 37.48%
[EBITDA]
Enter Your Business Name Here
Year End Summary

Year One % Year Two % Year Three %

Other Expenses
Amortized Start-up Expenses 57,976 57,976 57,976
Depreciation #DIV/0! #DIV/0! #DIV/0!
Interest
Commercial Loan 109,934 87,401 63,951
Commercial Mortgage 230,102 225,007 219,490
Line of Credit #DIV/0! #DIV/0! - #DIV/0!
Credit Card Debt - - -
Vehicle Loans - - -
Other Bank Debt - - -
Taxes #DIV/0! #DIV/0! #DIV/0!
Total Other Expenses #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Net Income #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Enter Your Business Name Here
Projected Income Statement - Year Two

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Totals

Income
Product/Service A ### ### ### ### ### ### ### ### ### ### ### ### 2,993,760,000
Product/Service B - - - - - - - - - - - - -
-
-
Total Income ### ### ### ### ### ### ### ### ### ### ### ### 2,993,760,000

Cost of Sales
Product/Service A ### ### ### ### ### ### ### ### ### ### ### ### 1,871,100,000
Product/Service B - - - - - - - - - - - - -
-
-
Total Cost of Sales ### ### ### ### ### ### ### ### ### ### ### ### 1,871,100,000

Gross Margin ### ### ### ### ### ### ### ### ### ### ### ### 1,122,660,000

Total Salary and Wages - - - - - - - - - - - - -

Fixed Business Expenses

Advertising 1,470 1,470 1,470 1,470 1,470 1,470 1,470 1,470 1,470 1,470 1,470 1,470 17,640
Car and Truck Expenses 15,225 15,225 15,225 15,225 15,225 15,225 15,225 15,225 15,225 15,225 15,225 15,225 182,700
Bank & Merchant Fees - - - - - - - - - - - - -
Contract Labor - - - - - - - - - - - - -
Conferences & Seminars - - - - - - - - - - - - -
Customer Discounts and Refund - - - - - - - - - - - - -
Dues and Subscriptions - - - - - - - - - - - - -
Miscellaneous - - - - - - - - - - - - -
Insurance (Liability and Property - - - - - - - - - - - - -
Licenses/Fees/Permits 17,170 17,170 17,170 17,170 17,170 17,170 17,170 17,170 17,170 17,170 17,170 17,170 206,035
Legal and Professional Fees 10,062 10,062 10,062 10,062 10,062 10,062 10,062 10,062 10,062 10,062 10,062 10,062 120,746
Office Expenses & Supplies 1,376 1,376 1,376 1,376 1,376 1,376 1,376 1,376 1,376 1,376 1,376 1,376 16,506
Postage and Delivery - - - - - - - - - - - - -
Rent (on business property) - - - - - - - - - - - - -
Rent of Vehicles and Equipment - - - - - - - - - - - - -
Sales & Marketing - - - - - - - - - - - - -
Taxes-Other - - - - - - - - - - - - -
Telephone and Communications 210 210 210 210 210 210 210 210 210 210 210 210 2,520
Travel - - - - - - - - - - - - -
Utilities 7,875 7,875 7,875 7,875 7,875 7,875 7,875 7,875 7,875 7,875 7,875 7,875 94,500
Total Fixed Business Expenses 53,387 53,387 53,387 53,387 53,387 53,387 53,387 53,387 53,387 53,387 53,387 53,387 640,647

Other Expenses
Amortized Start-up Expenses 4,831 4,831 4,831 4,831 4,831 4,831 4,831 4,831 4,831 4,831 4,831 4,831 57,976
Enter Your Business Name Here
Projected Income Statement - Year Two

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Totals
Depreciation #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Interest
Commercial Loan 8,156 7,999 7,842 7,684 7,525 7,366 7,207 7,047 6,886 6,725 6,563 6,401 87,401
Commercial Mortgage 18,951 18,915 18,879 18,843 18,807 18,770 18,734 18,697 18,659 18,622 18,584 18,546 225,007
Line of Credit #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Credit Card Debt - - - - - - - - - - - - -
Vehicle Loans - - - - - - - - - - - - -
Other Bank Debt - - - - - - - - - - - - -
Taxes #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Total Other Expenses #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Net Income #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Enter Your Business Name Here
Projected Cash Flow Statement - Year Two

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Totals

Beginning Cash Balance #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Cash Inflows
Income from Sales ### ### ### ### ### ### ### ### ### ### ### ### 1,496,880,000
Accounts Receivable 684,000 ### ### ### ### ### ### ### ### ### ### ### 1,325,196,000
Total Cash Inflows ### ### ### ### ### ### ### ### ### ### ### ### 2,822,076,000

Cash Outflows
Investing Activities
New Fixed Assets Purchases - - - - - - - - - - - - -
Inventory Addition to Bal. Sh - - - - - - - - - - - - -
Cost of Sales ### ### ### ### ### ### ### ### ### ### ### ### 1,871,100,000
Operating Activities
Salaries and Wages - - - - - - - - - - - - -
Fixed Business Expenses 53,387 53,387 53,387 53,387 53,387 53,387 53,387 53,387 53,387 53,387 53,387 53,387 640,647
Taxes - - #DIV/0! - - #DIV/0! - - #DIV/0! - - #DIV/0! #DIV/0!
Financing Activities -
Loan Payments 79,540 79,540 79,540 79,540 79,540 79,540 79,540 79,540 79,540 79,540 79,540 79,540 954,477
Line of Credit Interest #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Line of Credit Repayments - - - - - - - - - - - - -
Dividends Paid - - - - - - - - - - - - -
Total Cash Outflows #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Cash Flow #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Operating Cash Balance #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Line of Credit Drawdowns #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Ending Cash Balance #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Line of Credit Balance #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Enter Your Business Name Here
Balance Sheet - Year Two

End of Year One End of Year Two

Assets
Current Assets
Cash #DIV/0! #DIV/0!
Accounts Receivable 684,000 172,368,000
Inventory 2,136,000 2,136,000
Prepaid Expenses 115,952 57,976
Other Current - -
Total Current Assets #DIV/0! #DIV/0!

Fixed Assets
Real Estate-Land 1,530,000 1,530,000
Buildings 2,100,000 2,100,000
Leasehold Improvements - -
Equipment 335,000 335,000
Furniture and Fixtures 61,500 61,500
Vehicles 639,000 639,000
Other Fixed Assets - -
Total Fixed Assets 4,665,500 4,665,500

Less: Accumulated Depreciation #DIV/0! #DIV/0!

Total Assets #DIV/0! #DIV/0!

Liabilities and Owner's Equity

Liabilities
Accounts Payable - -
Notes Payable 2,446,939 1,871,345
Mortgage Payable 2,842,619 2,776,144
Credit Card Debt - -
Vehicle Loans - -
Other Bank Debt - -
Line of Credit Balance #DIV/0! #DIV/0!
Total Liabilities #DIV/0! #DIV/0!

Owner's Equity
Common Stock 3,000,000 3,000,000
Retained Earnings #DIV/0! #DIV/0!
Dividends Dispersed - -
Total Owner's Equity #DIV/0! #DIV/0!
Enter Your Business Name Here
Balance Sheet - Year Two

End of Year One End of Year Two

Total Liabilities and Owner's Equity #DIV/0! #DIV/0!

#DIV/0! #DIV/0!
Enter Your Business Name Here
Projected Income Statement - Year Three

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Totals

Income
Product/Service A ### ### ### ### ### ### ### ### ### ### ### ### 3,143,448,000
Product/Service B - - - - - - - - - - - - -
-
-
Total Income ### ### ### ### ### ### ### ### ### ### ### ### 3,143,448,000

Cost of Sales
Product/Service A ### ### ### ### ### ### ### ### ### ### ### ### 1,964,655,000
Product/Service B - - - - - - - - - - - - -
-
-
Total Cost of Sales ### ### ### ### ### ### ### ### ### ### ### ### 1,964,655,000

Gross Margin ### ### ### ### ### ### ### ### ### ### ### ### 1,178,793,000

Total Salary and Wages - - - - - - - - - - - - -

Fixed Business Expenses

Advertising 1,544 1,544 1,544 1,544 1,544 1,544 1,544 1,544 1,544 1,544 1,544 1,544 18,522
Car and Truck Expenses 15,986 15,986 15,986 15,986 15,986 15,986 15,986 15,986 15,986 15,986 15,986 15,986 191,835
Bank & Merchant Fees - - - - - - - - - - - - -
Contract Labor - - - - - - - - - - - - -
Conferences & Seminars - - - - - - - - - - - - -
Customer Discounts and Refund - - - - - - - - - - - - -
Dues and Subscriptions - - - - - - - - - - - - -
Miscellaneous - - - - - - - - - - - - -
Insurance (Liability and Property - - - - - - - - - - - - -
Licenses/Fees/Permits 18,028 18,028 18,028 18,028 18,028 18,028 18,028 18,028 18,028 18,028 18,028 18,028 216,337
Legal and Professional Fees 10,565 10,565 10,565 10,565 10,565 10,565 10,565 10,565 10,565 10,565 10,565 10,565 126,783
Office Expenses & Supplies 1,444 1,444 1,444 1,444 1,444 1,444 1,444 1,444 1,444 1,444 1,444 1,444 17,331
Postage and Delivery - - - - - - - - - - - - -
Rent (on business property) - - - - - - - - - - - - -
Rent of Vehicles and Equipment - - - - - - - - - - - - -
Sales & Marketing - - - - - - - - - - - - -
Taxes-Other - - - - - - - - - - - - -
Telephone and Communications 221 221 221 221 221 221 221 221 221 221 221 221 2,646
Travel - - - - - - - - - - - - -
Utilities 8,269 8,269 8,269 8,269 8,269 8,269 8,269 8,269 8,269 8,269 8,269 8,269 99,225
Total Fixed Business Expenses 56,057 56,057 56,057 56,057 56,057 56,057 56,057 56,057 56,057 56,057 56,057 56,057 672,679

Other Expenses
Amortized Start-up Expenses 4,831 4,831 4,831 4,831 4,831 4,831 4,831 4,831 4,831 4,831 4,831 4,831 57,976
Enter Your Business Name Here
Projected Income Statement - Year Three

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Totals
Depreciation #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Interest
Commercial Loan 6,238 6,074 5,911 5,746 5,581 5,415 5,249 5,083 4,915 4,748 4,579 4,410 63,951
Commercial Mortgage 18,508 18,469 18,430 18,391 18,352 18,312 18,272 18,232 18,192 18,151 18,110 18,069 219,490
Line of Credit #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Credit Card Debt - - - - - - - - - - - - -
Vehicle Loans - - - - - - - - - - - - -
Other Bank Debt - - - - - - - - - - - - -
Taxes #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Total Other Expenses #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Net Income #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Enter Your Business Name Here
Projected Cash Flow Statement - Year Three

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Totals

Beginning Cash Balance #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Cash Inflows
Income from Sales ### ### ### ### ### ### ### ### ### ### ### ### 1,571,724,000
Accounts Receivable ### ### ### ### ### ### ### ### ### ### ### ### 1,563,105,600
Total Cash Inflows ### ### ### ### ### ### ### ### ### ### ### ### 3,134,829,600

Cash Outflows
Investing Activities
New Fixed Assets Purchases - - - - - - - - - - - - -
Inventory Addition to Bal.She - - - - - - - - - - - - -
Cost of Sales ### ### ### ### ### ### ### ### ### ### ### ### 1,964,655,000
Operating Activities
Salaries and Wages - - - - - - - - - - - - -
Fixed Business Expenses 56,057 56,057 56,057 56,057 56,057 56,057 56,057 56,057 56,057 56,057 56,057 56,057 672,679
Taxes - - #DIV/0! - - #DIV/0! - - #DIV/0! - - #DIV/0! #DIV/0!
Financing Activities -
Loan Payments 79,540 79,540 79,540 79,540 79,540 79,540 79,540 79,540 79,540 79,540 79,540 79,540 954,477
Line of Credit Interest #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Line of Credit Repayments - - - - - - - - - - - - -
Dividends Paid - - - - - - - - - - - - -
Total Cash Outflows #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Cash Flow #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Operating Cash Balance #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Line of Credit Drawdowns #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Ending Cash Balance #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Line of Credit Balance #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Enter Your Business Name Here
Balance Sheet - Year Three

End of Year Two End of Year Three

Assets
Current Assets
Cash #DIV/0! #DIV/0!
Accounts Receivable 172,368,000 180,986,400
Inventory 2,136,000 2,136,000
Prepaid Expenses 57,976 -
Other Current - -
Total Current Assets #DIV/0! #DIV/0!

Fixed Assets
Real Estate-Land 1,530,000 1,530,000
Buildings 2,100,000 2,100,000
Leasehold Improvements - -
Equipment 335,000 335,000
Furniture and Fixtures 61,500 61,500
Vehicles 639,000 639,000
Other Fixed Assets - -
Total Fixed Assets 4,665,500 4,665,500

Less: Accumulated Depreciation #DIV/0! #DIV/0!

Total Assets #DIV/0! #DIV/0!

Liabilities and Owner's Equity

Liabilities
Accounts Payable - -
Notes Payable 1,871,345 1,272,301
Mortgage Payable 2,776,144 2,704,151
Credit Card Debt - -
Vehicle Loans - -
Other Bank Debt - -
Line of Credit Balance #DIV/0! #DIV/0!
Total Liabilities #DIV/0! #DIV/0!

Owner's Equity
Common Stock 3,000,000 3,000,000
Retained Earnings #DIV/0! #DIV/0!
Dividends Dispersed - -
Total Owner's Equity #DIV/0! #DIV/0!
Enter Your Business Name Here
Balance Sheet - Year Three

End of Year Two End of Year Three

Total Liabilities and Owner's Equity #DIV/0! #DIV/0!

#DIV/0! #DIV/0!
Enter Your Business Name Here
Financial Ratios

Ratio Year One Year Two Year Three RMA Industry Norms
Liquidity
Current Ratio #DIV/0! #DIV/0! #DIV/0!
Quick Ratio #DIV/0! #DIV/0! #DIV/0!
Safety
Debt to Equity Ratio #DIV/0! #DIV/0! #DIV/0!
Debt to Coverage Ratio #DIV/0! #DIV/0! #DIV/0!
Profitability
Sales Growth 0.0% 25100.0% 5.0%
COGS to Sales 13272.7% 62.5% 62.5%
Gross Profit Margin -13172.7% 37.5% 37.5%
SG&A to Sales 5.1% 0.0% 0.0%
Net Profit Margin #DIV/0! #DIV/0! #DIV/0!
Return on Equity #DIV/0! #DIV/0! #DIV/0!
Return on Assets #DIV/0! #DIV/0! #DIV/0!
Owner's Compensation to Sales 0.0% 0.0% 0.0%
Efficiency
Days in Receivables 20.7 20.7 20.7
Accounts Receivable Turnover 17.4 17.4 17.4
Days in Inventory 0.5 0.4 0.4
Inventory Turnover 738.2 876.0 919.8
Sales to Total Assets #DIV/0! #DIV/0! #DIV/0!
Enter Your Business Name Here
Breakeven Analysis

Breakeven Analysis Dollars Percent

Annual Sales Revenue $ 11,880,000 100.00%
Cost of Sales 1,576,800,000 13272.73%
Gross Margin (1,564,920,000) -13172.73%

Salaries and Wages -

Fixed Operating Expenses #DIV/0!
Total Fixed Business Expenses #DIV/0!

Breakeven Sales Calculation #DIV/0!

-13172.73%

Breakeven Sales in Dollars #DIV/0!

Enter Your Business Name Here
Amortization Schedule

Loan Type Assumptions Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Totals

Commercial Loan
Principal Amount $ 3,000,000
Interest Rate 4.00%
Loan Term in Months 60.00
Monthly Payment Amou $55,249.57

Year One
Interest 10,000 9,849 9,698 9,546 9,394 9,241 9,087 8,934 8,779 8,624 8,469 8,313 109,934
Principal 45,250 45,400 45,552 45,704 45,856 46,009 46,162 46,316 46,470 46,625 46,781 46,937 553,061
Loan Balance 2,954,750 2,909,350 2,863,798 2,818,095 2,772,239 2,726,230 2,680,068 2,633,752 2,587,282 2,540,656 2,493,876 2,446,939
Year Two
Interest 8,156 7,999 7,842 7,684 7,525 7,366 7,207 7,047 6,886 6,725 6,563 6,401 87,401
Principal 47,093 47,250 47,408 47,566 47,724 47,883 48,043 48,203 48,364 48,525 48,687 48,849 575,594
Loan Balance 2,399,846 2,352,596 2,305,188 2,257,622 2,209,898 2,162,015 2,113,972 2,065,769 2,017,406 1,968,881 1,920,194 1,871,345
Year Three
Interest 6,238 6,074 5,911 5,746 5,581 5,415 5,249 5,083 4,915 4,748 4,579 4,410 63,951
Principal 49,012 49,175 49,339 49,504 49,669 49,834 50,000 50,167 50,334 50,502 50,670 50,839 599,044
Loan Balance 1,822,333 1,773,158 1,723,819 1,674,316 1,624,647 1,574,813 1,524,813 1,474,646 1,424,312 1,373,810 1,323,140 1,272,301

Commercial Mortgage
Principal Amount $2,904,000.00
Interest Rate 8.00%
Loan Term in Months 240.00
Monthly Payment Amou $24,290.22

Year One
Interest 19,360 19,327 19,294 19,261 19,227 19,193 19,159 19,125 19,091 19,056 19,021 18,986 230,102
Principal 4,930 4,963 4,996 5,029 5,063 5,097 5,131 5,165 5,199 5,234 5,269 5,304 61,381
Loan Balance 2,899,070 2,894,107 2,889,111 2,884,081 2,879,018 2,873,921 2,868,791 2,863,626 2,858,426 2,853,192 2,847,923 2,842,619
Year Two
Interest 18,951 18,915 18,879 18,843 18,807 18,770 18,734 18,697 18,659 18,622 18,584 18,546 225,007
Principal 5,339 5,375 5,411 5,447 5,483 5,520 5,557 5,594 5,631 5,668 5,706 5,744 66,475
Loan Balance 2,837,280 2,831,905 2,826,494 2,821,047 2,815,564 2,810,044 2,804,487 2,798,894 2,793,263 2,787,594 2,781,888 2,776,144
Year Three
Interest 18,508 18,469 18,430 18,391 18,352 18,312 18,272 18,232 18,192 18,151 18,110 18,069 219,490
Principal 5,783 5,821 5,860 5,899 5,938 5,978 6,018 6,058 6,098 6,139 6,180 6,221 71,993
Loan Balance 2,770,361 2,764,540 2,758,680 2,752,781 2,746,843 2,740,865 2,734,847 2,728,789 2,722,691 2,716,552 2,710,372 2,704,151

Credit Card Debt

 Principal Amount $ -
Interest Rate 7.00%
Loan Term in Months 60.00
Monthly Payment Amou $0.00

Year One
Interest - - - - - - - - - - - - -
Principal - - - - - - - - - - - - -
Loan Balance - - - - - - - - - - - -
Year Two
Interest - - - - - - - - - - - - -
Principal - - - - - - - - - - - - -
Loan Balance - - - - - - - - - - - -
Year Three
Interest - - - - - - - - - - - - -
Principal - - - - - - - - - - - - -
Loan Balance - - - - - - - - - - - -

Vehicle Loans
Principal Amount $ -
Interest Rate 6.00%
Loan Term in Months 48.00
Monthly Payment Amou $0.00

Year One
Interest - - - - - - - - - - - - -
Principal - - - - - - - - - - - - -
Loan Balance - - - - - - - - - - - -
Year Two
Interest - - - - - - - - - - - - -
Principal - - - - - - - - - - - - -
Loan Balance - - - - - - - - - - - -
Year Three
Interest - - - - - - - - - - - - -
Principal - - - - - - - - - - - - -
Loan Balance - - - - - - - - - - - -

Other Bank Debt

Principal Amount $ -
Interest Rate 5.00%
Loan Term in Months 36.00
Monthly Payment Amou $0.00

Year One
Interest - - - - - - - - - - - - -
Principal - - - - - - - - - - - - -
Loan Balance - - - - - - - - - - - -
Year Two
Interest - - - - - - - - - - - - -
 Principal - - - - - - - - - - - - -
Loan Balance - - - - - - - - - - - -
Year Three
Interest - - - - - - - - - - - - -
Principal - - - - - - - - - - - - -
Loan Balance - - - - - - - - - - - -
Enter Your Business Name Here
Financial Diagnostics

This sheet performs a few tests on your numbers to see if they seem within certain reasonable ranges.
Remember, no computer can tell whether your projections are truly well-constructed, only a human can do that.
But these tests can at least look for values that are critically out of range.

Financial Diagnostics Value Findings

General Financing Assumptions
Owner's Cash Injection into the Business 33.7% Owner's injection is reasonable
Cash Request as percent of Total Required Fund 0.0% Cash request seems reasonable with respect to total request

Loan Assumptions
Commercial Loan Interest rate 4.0% Interest rate may be too low for the type of loan requested
Commercial Loan Term in Months 60 Loan term seems within range for this type of loan

Commercial Mortgage Interest rate 8.0% Interest rate seems reasonable

Commercial Mortgage Term in Months 240 Loan term seems within range for this type of loan

Loan Payments as a Percent of Projected Sales 0.7% Calculated loan payments as a percent of sales seem resonable

Income Statement
Gross Margin as a Percent of Sales -13172.7% Gross margin percentage seems very low
Owner's Compensation Lower Limit Check $ - An owner's compensation amount has not been established
Owner's Compensation Upper Limit Check #DIV/0! #DIV/0!
Advertising Expense Levels as a Percent of Sale 0.1% Advertising as a percent of sales may be too low
Profitability Levels #DIV/0! #DIV/0!
Profitability as a Percent of Sales #DIV/0! #DIV/0!

Cash Flow Statement

Desired Operating cash Flow Levels #DIV/0! #DIV/0!
Line of Credit Drawdowns #DIV/0! #DIV/0!
Accounts Receivable Ratio to Sales 5.8% Accounts receivable amount as a percent of sales seems reasonable

Balance Sheet
Does the Base Period Balance Sheet Balance? (1,928,572) The balance sheet is not in balance
Does the Final Balance Sheet Balance #DIV/0! #DIV/0!
Debt to Equity Ratio #DIV/0! #DIV/0!

Breakeven Analysis
Breakeven Levels #DIV/0! #DIV/0!