1 2 3 4 5

INPUTS . MODEL YR-1 YR-2 YR-3 YR-4 YR-5

SALES 100,000 SALES 100,000 119,580 142,994 170,993 204,474
COGS% 65% COGS 65% 65,000 77,727 92,946 111,145 132,908
OPT EXP% 15% GP 35,000 41,853 50,048 59,848 71,566
TAX RATE 30% OPT EXP 15% 15,000 17,937 21,449 25,649 30,671
SHARES 10,000 EBT 20,000 23,916 28,599 34,199 40,895
SALE INC% 19.58% TAX 30% 6,000 7,175 8,580 10,260 12,268
YEARS 10 NI 14,000 16,741 20,019 23,939 28,626
SHARES 10,000 10,000 10,000 10,000 10,000
EPS 1.40 1.67 2.00 2.39 2.86
OUTPUTS
GP 35,000 41,853 50,048 59,848 71,566
EBT 20,000 23,916 28,599 34,199 40,895
NI 14,000 16,741 20,019 23,939 28,626
EPS 1.40 1.67 2.00 2.39 2.86
 6 7 8 9 10
YR-6 YR-7 YR-8 YR-9 YR-10
244,510 292,386 349,636 418,096 499,960
158,932 190,051 227,264 271,762 324,974
85,579 102,335 122,373 146,334 174,986
36,677 43,858 52,445 62,714 74,994
48,902 58,477 69,927 83,619 99,992
14,671 17,543 20,978 25,086 29,998
34,231 40,934 48,949 58,533 69,994
10,000 10,000 10,000 10,000 10,000
3.42 4.09 4.89 5.85 7.00

85,579 102,335 122,373 146,334 174,986

48,902 58,477 69,927 83,619 99,992
34,231 40,934 48,949 58,533 69,994
3.42 4.09 4.89 5.85 7.00
INPUTS MODEL
SALES 100,000 SALES 100,000
COGS 65% COGS 65% 65,000
OPT EXP 15% GP 35,000
TAX 30% OPT EXP 15% 15,000
SHARES 10,000 EBT 20,000
OUTPUTS TAX 30% 6,000
GP 35,000 NI 14,000
EBT 20,000 SHARES 10,000
NI 14,000 EPS 1.40
EPS 1.40
IND EPS 3.00
 Month-1 Month-2 Month-3 Month-4 Month-5
Sales in Units 9,500 9,300 9,900 10,000 6,500
Selling Price Per Unit 60 58 59 60
Cost Per Unit
Material 20 18 19 20
Labor 10 10 10 10
Overhead 5 5 5 5
Depreciation 5 5 5 5
Admin Exp 3 3 3 3
MktExp 2 2 2 2
Cap Exp - - - 50,000

Sales Collection Pattern

Month - 1 50%
Month - 2 30%
Month - 3 20%
Loan Amount 300,000
Num of Instalments 5
Instalments 60,000

Month-1 Month-2 Month-3 Month-4

Sales 570,000 539,400 584,100 600,000
Cost of Good Sold
Material 190,000 167,400 188,100 200,000
Labor 95,000 93,000 99,000 100,000
Overhead 47,500 46,500 49,500 50,000
Depreciation 47,500 46,500 49,500 50,000
Admin Exp 28,500 27,900 29,700 30,000
MktExp 19,000 18,600 19,800 20,000

Total Cost 427,500 399,900 435,600 450,000

Net Income 142,500 139,500 148,500 150,000

Month-1 Month-2 Month-3 Month-4

Cash (Op. Balance) 50,000 50,000 75,300 203,070
Add: Cash Inflows
Month - 1 285,000 269,700 292,050 300,000
Month - 2 171,000 161,820 175,230
Month - 3 114,000 107,880

Total Cash Inflows 285,000 440,700 567,870 583,110

Less: Cash Outflows
Cap Exp 50,000
Material 190,000 167,400 188,100 200,000
Wages 95,000 93,000 99,000 100,000
Other Cost 95,000 93,000 99,000
Loan Payment 60,000 60,000 60,000

Total Cash Outflows 285,000 415,400 440,100 509,000

Cash (Cl. Balance) 50,000 50,000 75,300 203,070 277,180