I need a summarization of this updated pro forma balance sheet for The Sweet Password: ASSETS Current
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I need a summarization of this updated pro forma balance sheet for The Sweet Password:
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ASSETS Current Assets Cash Net accounts receivable Inventory Temporary investment Prepaid expenses Fixed Assets Long-term investments Land Buildings (net of depreciation) Plant & equipment (net) Furniture & fixtures (net) Total Net Fixed Assets TOTAL ASSETS LIABILITIES Current Liabilities Accounts payable Short-term notes Current portion of long-term notes Accruals & other payables Total Current Liabilities Long-term Liabilities Mortgage Other long-term liabilities Total Long-term Liabilities SHAREHOLDERS' EQUITY Capital stock Retained earnings Total Shareholders' Equity TOTAL LIABILITIES & EQUITY Total Current Assets Pro-Forma Balance Sheet The Sweet Password 2021 2022 2023 $12,256,000 $12,256,000 $12,256,000 $4,875,000 $5,622,500 $6,480,750 $8,065,000 $8,065,000 $8,065,000 $12 $12 $12 $2 $2 $2 $25,196,014 $25,943,514 $26,801,764 $42 $43 $43 $656 $656 $684 $903 $928 $983 $608 $631 $642 $61 $65 $2,270 $2,323 $25,198,284 $25,945,837 $246 $252 $24 $25 $14 $14 $14 $14 $298 $305 $897 $931 $443 $485 $1,340 $1,416 $300 $300 $25,196,346 $25,943,816 $25,196,646 $25,944,116 $25,198,284 $25,945,837 $68 $2,420 $26,804,184 $258 $26 $14 $14 $312 $978 $527 $1,505 $300 $26,802,067 $26,802,367 $26,804,184 2024 $12,256,000 $7.466,225 $8,065,000 $12 $2 $27,787,239 $46 $727 $1,021 $654 $72 $2,520 $27,789,759 $277 $28 $15 $14 $334 $1,021 $576 $1.597 $300 $27,787,528 $27,787,828 $27,789,759 2025 $12,256,000 $8,597,858 $8,065,000 $12 $2 $28,918,872 $46 $770 $1,059 $660 $76 $2,611 $17,769,334 $280 $30 $15 $14 $339 $1,064 $625 $1,689 $300 $17,766,989 $17,767,289 $17,778,334 ASSETS Current Assets Cash Net accounts receivable Inventory Temporary investment Prepaid expenses Fixed Assets Long-term investments Land Buildings (net of depreciation) Plant & equipment (net) Furniture & fixtures (net) Total Net Fixed Assets TOTAL ASSETS LIABILITIES Current Liabilities Accounts payable Short-term notes Current portion of long-term notes Accruals & other payables Total Current Liabilities Long-term Liabilities Mortgage Other long-term liabilities Total Long-term Liabilities SHAREHOLDERS' EQUITY Capital stock Retained earnings Total Shareholders' Equity TOTAL LIABILITIES & EQUITY Total Current Assets Pro-Forma Balance Sheet The Sweet Password 2021 2022 2023 $12,256,000 $12,256,000 $12,256,000 $4,875,000 $5,622,500 $6,480,750 $8,065,000 $8,065,000 $8,065,000 $12 $12 $12 $2 $2 $2 $25,196,014 $25,943,514 $26,801,764 $42 $43 $43 $656 $656 $684 $903 $928 $983 $608 $631 $642 $61 $65 $2,270 $2,323 $25,198,284 $25,945,837 $246 $252 $24 $25 $14 $14 $14 $14 $298 $305 $897 $931 $443 $485 $1,340 $1,416 $300 $300 $25,196,346 $25,943,816 $25,196,646 $25,944,116 $25,198,284 $25,945,837 $68 $2,420 $26,804,184 $258 $26 $14 $14 $312 $978 $527 $1,505 $300 $26,802,067 $26,802,367 $26,804,184 2024 $12,256,000 $7.466,225 $8,065,000 $12 $2 $27,787,239 $46 $727 $1,021 $654 $72 $2,520 $27,789,759 $277 $28 $15 $14 $334 $1,021 $576 $1.597 $300 $27,787,528 $27,787,828 $27,789,759 2025 $12,256,000 $8,597,858 $8,065,000 $12 $2 $28,918,872 $46 $770 $1,059 $660 $76 $2,611 $17,769,334 $280 $30 $15 $14 $339 $1,064 $625 $1,689 $300 $17,766,989 $17,767,289 $17,778,334
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Related Book For
Financial accounting
ISBN: 978-0136108863
8th Edition
Authors: Walter T. Harrison, Charles T. Horngren, William Bill Thomas
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