Question: Draft a three-year pro forma financial statement, income statement, balance sheet, cash flow statement, and breakeven analysis for an event company. The company has a
Draft a three-year pro forma financial statement, income statement, balance sheet, cash flow statement, and breakeven analysis for an event company.
The company has a capital of 250,000 which 100,000 is borrowed from friends and family and 150,000 contributions from the owners.
The fixed cost and start-up cost
| ESTIMATION OF ANNUAL REVENUE/SALES | |||||||||
| Fixed Cost | Variable Cost | Avg cost per event | Total number of events | Total cost | Profit charge | Total Revenue | Price per Event | ||
| Low Corporate Event | $ 28,903.50 | $ 2,380.00 | $ 31,283.50 | 15 | $ 469,252.50 | 10% | $ 516,177.75 | $ 34,411.85 | |
| Average Corporate Event | $ 28,903.50 | $ 19,609.00 | $ 48,512.50 | 15 | $ 727,687.50 | 10% | $ 800,456.25 | $ 53,363.75 | |
| High Corporate Event | $ 38,538.00 | $ 85,932.00 | $124,470.00 | 20 | $ 2,489,400.00 | 10% | $ 2,738,340.00 | $ 136,917.00 | |
| Total | $ 96,345.00 | 50 | $ 3,686,340.00 | $ 4,054,974.00 | $ 81,099.48 | ||||
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