Question

Prepare a One Year Income Statement (Profit and Loss) for your proposed Business Plan.

Cash Flow Statement Cash flow from operations Cash receipts from customers 100,000 Cash paid for inventory (7,000) Cash paid for wages (30,000) Net Cash Flow from Operations 63,000 Cash Flow from Investing Trade fair 500 Cash paid for purchase of equipment 900 Net cash flow from Investing 1400 Cash Flow from Financing Cash paid for loan repayment 5000 Net Cash Flow from Investing 5000 Net Increase in Cash 56,600 Sales and cost of goods are based on sales of 10,000 units and this is what we consider to be the best case scenario

Cost per unit is $10

Answer 1

I note: Cash flow outflow) for Investing Activities a capital Item. Hence, not included Income Studement. is in I Cash outflow for Financing Activities te Paid for loom repupment is also of nature. Hence a part of Balance not Income Statement, Cash capital Sheet and

Solution Proposed Burness Plan Amone in & Income Statement Particulars Revenue: Sales (10,000 units) 100 000 Total (1) 100,000 Enpenses : rochases 7000 30,000 37,000 - Profit before depreciation less: wages - Total (II) Interest & tax (I-II) Depreciation (not Roveren) Pooft before Interest and tax Interest & tane (not given) Net Profit 63,000 (-) 63,000 (-) less: 63000
Solution: