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FIN 571 XYZ Company, INC.




Question;Using the sample financial statements, create pro forma statements of five year projections that are clear, concise, and easy to read. Be sure to double check the calculations in your pro forma statements. Make assumptions that support each line item increase or decrease for your forecasted statements.Discuss and interpret the financials in relation to the initiative. Make recommendations on potential discretionary financing needs.XYZ Company, INC.Balance SheetFor Year Ending December 31, 20XXASSETSCurrent AssetsCash10,525Accounts Receivable27,000Inventory30,0002,000Prepaid ExpensesTotal Current Assets69,525Fixed Assets215,000Property?net of depreciation80,000Equipment?net of depreciation5,000Vehicles?net of depreciationTotal Fixed Assets300,000Total Assets369,525LIABILITIESCurrent Liabilities20,000Revolving lines of credit5,000Accounts PayableCurrent Portion of Long-term DebtTotal Current Liabilities15,00040,000Long-term LiabilitiesLong-term debt and capital leases45,500Loans payable to stockholders60,500Total Long-term Liabilities106,000Total Liabilities146,000Stockholders Equity1,000Common stockAdditional Paid-in Capital25,000Retained Earnings (Cum from prior years)53,190Retained Earnings (From current P&L)144,335Total Stockholders Equity223,525Total Liabilities and Stockholders Equity369,525


Paper#49955 | Written in 18-Jul-2015

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