income statement

2024
jan feb march april may june
sales revanue 80,000 90,000 110,000 100,000 70,000 120,000
cost of goods sold 40,000 45,000 52,000 50,000 37,000 65,000
gross profit 80,000 45,000 58,000 50,000 33,000 55,000
general and adminstrative expanse 1,500 1,700 1,800 1,750 1,200 1,900
operating profit 78,500 43,300 56,200 48,250 31,800 53,100
intrest expanse 1,000 1,000 1,000 1,000 1,000 1,000
earnings before tax 77,500 42,300 55,200 47,250 30,800 52,100
taxes 10% 7750 4230 5520 4725 3080 5210
earnings after tax 69,750 38,070 49,680 42,525 27,720 46,890
common stock divident 2,000 2,000 2,000 2,000 2,000 2,000
increase in retained earnings 67,750 36,070 -41,430 40,525 25,720 44,890

cash budget
jan feb march april may june
beginning balance 40,000 50,000 60,000 70,000 80,000 20,000
cash reciepts
sales 10,000 15,000 18,000 20,000 13,000 12,000
20% of current sales 2000 3000 3600 4000 2600 2400
80% pf perivous month sales 2,000 8,000 12,000 14,400 16,000 10,400
total cash receipts 4000 11000 15600 18400 18600 12800
cash payment:
wages 4,000 4,000 4,000 4,000 4,000 4,000
supplies 2,000 2,000 2,000 2,000 2,000 2,000
admistrative expanse 1,500 1,700 1,800 1,750 1,200 1,900
taxes 2,500 2500 2500 2500 2500 2500
cash divident 2,000 2,000 2,000 2,000 2,000 2,000
total cash payments 12,000 12,200 12,250 12,250 11,700 12,400

NET CASH FLOW:

total cash receipts 4,000 11,000 15,600 18,400 18,600 12,800
total cash payments 12,000 12,200 12,250 12,250 11,700 12,400
net cash flow: -8,000 -1,200 3,350 6,150 6,900 400

Net cash flow -8,000 -1,200 3,350 6,150 6,900 400

Beginning cash balance 40,000 50,000 60,000 70,000 80,000 20,000
Ending cash balance 32,000 48,800 63,350 76,150 86,900 20400

Balance sheet
Jan feb march april may june
Asset:
Cash 32,000 48,800 63,350 76,150 86,900 20,400
Marketable security 2,000 2,000 2,000 2,000 2,000 2,000
Account receivable 2,000 8,000 12,000 14,400 16,000 10,400
Inventory 5,000 5,000 5,000 5,000 5,000 5,000
Total current asset 41,000 63,800 82,350 97,550 109,900 37,800
Plant and equipment 20,000 20,000 20,000 20,000 20,000 20,000
Total asset 61,000 83,800 102,350 117,550 129,900 57,800
Liabilities and stockholders eq
Account payable 1,000 2,000 4,000 1,000 4,000 3,000
Note payable 100 100 100 100 100 100
Long term debt 10,000 10,000 10,000 10,000 10,000 10,000
Common stock 7,000 7,000 7,000 7,000 7,000 7,000
Retained earnings 67,750
Total liabilities and stockholders eq
july august sep oct nov dec year
130,000 85,000 95,000 115,000 140,000 135,000 1,270,000
70,000 39,000 55,000 64,000 75,000 72,000 664,000
60,000 46,000 40,000 51,000 65,000 63,000 646,000
2,000 1,550 1,400 1,950 2,500 2,400 21,650
58,000 44,450 38,600 49,050 62,500 60,600 624,350
1,000 1,000 1,000 1,000 1,000 1,000 12,000
57,000 43,450 37,600 48,050 61,500 59,600 612,350
5700 4345 3760 4805 6150 5960 61235
51,300 39,105 33,840 43,245 55,350 53,640 551,115
2,000 2,000 2,000 2,000 2,000 2,000 24,000
49,300 37,105 31,840 41,245 53,350 51,640 527,115

july august sep oct nov dec total

90,000 35,000 100,000 55,000 95,000 76,000 771,000

12,000 25,000 20,000 22,000 23,000 32,000 222,000

2400 5000 4000 4400 4600 6400 44400
9,600 9,600 20,000 16,000 17,600 18,400 154,000
12000 14600 24000 20400 22200 24800 198400

4,000 4,000 4,000 4,000 4,000 4,000 48,000

2,000 2,000 2,000 2,000 2,000 2,000 24,000
2,000 1,550 1,400 1,950 2,500 2,400 21,650
2500 2500 2500 2,500 2,500 2,500 30,000
2,000 2,000 2,000 2,000 2,000 2,000 24,000
12,500 12,050 11,900 12,450 13,000 12,900 147,650

12,000 14,600 24,000 20,400 22,200 24,800 198,400

12,500 12,050 11,900 12,450 13,000 12,900 147,650
-500 2,550 12,100 7,950 9,200 11,900 50,750

-500 2,250 12,100 7,950 9,200 11,900 50,750

90,000 35,000 100,000 55,000 95,000 76,000 771,000
89500 37,250 112,100 62,950 104,200 87,900 821,750

july august sep oct nov dec total

 89,500 37,250 112,100 62,950 104,200 87,900 821,750
2,000 2,000 2,000 2,000 2,000 2,000 24,000
9,600 9,600 20,000 16,000 17,600 18,400 154,000
5,000 5,000 5,000 5,000 5,000 5,000 60,000
106,100 53,850 139,100 85,950 128,800 113,300 1,059,750
20,000 20,000 20,000 20,000 20,000 20,000 100,000
126,100 73,850 159,100 105,950 148,800 133,300 1,159,750

2,500 1,200 3,000 3,000 4,000 1,000 29,700

100 100 100 100 100 100 1,200
10,000 10,000 10,000 10,000 10,000 10,000 10,000
7,000 7,000 7,000 7,000 7,000 7,000 84,000