Write a startup expense and capitalization for a E-Learning application (like ZOOM , Microsoft team, google classroom) with 10 million (cash) investment

based on financial plan forecast below: balance sheet , income statement and cash flow statement

  
 

Transcribed Image Text:

Balance Sheet Forecast Start-up Balance Sheets - Baht in Millions Current assets: Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents Accounts receivable, net of allowance for doubtful accounts Total current assets Property, plant and equipment, net Total assets Debt. Total liabilities Retained earning Total liabilities, temporary equity, and stockholders' equity Year 0 10,000,000 200,000 10,200,000 50,000 10,250,000 Year 1 10,250,000 300,000 Year 2 6,300,000 4.750,000 6,375,000 12,682,500 24,289,750 130,000 130,000 130,000 10,250,000 6,350,000 4,880,000 6,505,000 12,812,500 24.419.750 10,250,000 8,250,000 8,250,000 8,250,000 6,250,000 4,250,000 8,250,000 8,250,000 8,250,000 6.250,000 4,250,000 -1.900,000 -3.370,000 -1.745,000 6,562,500 20,169.750 6,350,000 4,880,000 6,505,000 12,812,500 24,419,750 50,000 Year 3. 6,000,000 4,300,000 5,700,000 11,670,000 22,771,000 Year 4 Year 5 130,000 450,000 675,000 1,012,500 1,518,750 Balance Sheet Forecast Start-up Balance Sheets - Baht in Millions Current assets: Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents Accounts receivable, net of allowance for doubtful accounts Total current assets Property, plant and equipment, net Total assets Debt. Total liabilities Retained earning Total liabilities, temporary equity, and stockholders' equity Year 0 10,000,000 200,000 10,200,000 50,000 10,250,000 Year 1 10,250,000 300,000 Year 2 6,300,000 4.750,000 6,375,000 12,682,500 24,289,750 130,000 130,000 130,000 10,250,000 6,350,000 4,880,000 6,505,000 12,812,500 24.419.750 10,250,000 8,250,000 8,250,000 8,250,000 6,250,000 4,250,000 8,250,000 8,250,000 8,250,000 6.250,000 4,250,000 -1.900,000 -3.370,000 -1.745,000 6,562,500 20,169.750 6,350,000 4,880,000 6,505,000 12,812,500 24,419,750 50,000 Year 3. 6,000,000 4,300,000 5,700,000 11,670,000 22,771,000 Year 4 Year 5 130,000 450,000 675,000 1,012,500 1,518,750

Answer rating: 100% (QA)

Executive Summary This is a startup expense and capitalization for an elearning application such as Zoom Microsoft Team or Google Classroom The company has received an investment of 10 million cash Th... View the full answer