the financial statements you created for Assignment 1 and create pro forma statements in your spreadsheet software. Each pro forma statement should have a different projection. At least one should include a revenue increase and at least one should include the receipt of capital funding. The third is your choice. Include the following with your submission:

Pro forma income statement #1 1. INCOME STATEMENT, BALANCE SHEET, CASH FLOW STATEMENT ONE PRO FORMA PROJECTION WITH A PERCENTAGE INCREASE IN REVENUE. ANOTHER PRO FORMA PROJECTION 2.. INCOME STATEMENT , BALANCE SHEET, AND CASH FLOW STATEMENT WITH A $500,000 RECEIPT OF CAPITAL FUNDING. AND ANOTHER PRO FORMA STATEMENTS 3. INCOME STATEMENT, BALANCE SHEET, AND CASH FLOW STATEMENT FOR A $600,000 PURCHASE OF A BUILDING (ASSET) 3 PRO FORMA STATEMENTS FOR EACH CONDITION.

Pro forma income statement #2

	3 Statements to answer the submitted question
3	Sales Forecast
4
5	Income Statement
6	Sales Revenue		34,290
7	less: Cost of Goods Sold
8	GROSS PROFIT		34,290	0	0	0	0
9	less: Selling Expenses
10	General and Administrative Expenses		2,500
11	Depreciation Expense		7,500
12	Other Operating Expenses
13	Total Operating Expenses		10000	0	0	0	0
14	OPERATING PROFIT		24290	0	0	0	0
15	less: Interest and Other Expenses		2500
16	plus: Interest and Other Revenues
17	PRE-TAX INCOME		21790	0	0	0	0
18	Income Tax
19	NET INCOME		21790	0	0	0	0
20
21	Balance Sheet
22	ASSETS
23	Cash and Equivalents	9,000	12,000
24	Accounts Receivable		3,179
25	Inventory
26	CURRENT ASSETS	9000	15179	0	0	0	0
27	Net Fixed Assets	747,300	763,800
28	TOTAL ASSETS	756,300	778979	0	0	0	0
29	LIABILITIES AND EQUITY
30	Accounts Payable	16,800	14,460
31	Notes Payable
32	Wages Payable
33	Taxes Payable
34	Current Portion of Long-Term Debt
35	CURRENT LIABILITIES	16,800	14460	0	0	0	0
36	Long-Term Debt	499,652	468,000
37	TOTAL LIABILITIES	516,452	482,460	0	0	0	0
38	Common Stock
39	Retained Earnings
40	TOTAL EQUITY	239,848	269,519	0	0	0	0
41	TOTAL LIABILITIES AND EQUITY	756,300	778,979	0	0	0	0
42
43	Cash Flow Statement
44	Net Income		24,290
45	Depreciation Expense		7,500
46	Net Income plus Depreciation Expense		31790	0	0	0	0
47	plus: Increase in Accounts Payable
48	Increase in Other Payables
49	less: Increases in Accounts Receivable
50	Increase in Inventory
51	OPERATING CASH FLOW		26,790	0	0	0	0
52	plus: Net Cash from Financing Activities
53	less: Net Investment Outlays
54	NET CASH FLOW		26790	0	0	0	0
55	plus: Beginning Cash
56	ENDING CASH BALANCE		26790

Pro forma income statement #3

Continue with your 3 pro forma income statements and create 3 pro forma balance sheets and 3 pro forma cash flow statements in your spreadsheet software, based on those pro forma income statements. Each pro forma statement should have a different projection. Include the following with your submission:

Pro forma income statement #1 (revenue increase projection)

Pro forma balance sheet #1

Pro forma cash flow statement #1

Pro forma income statement #2 (capital funding projection)

Pro forma balance sheet #2

Pro forma cash flow statement #2

Pro forma balance sheet #3 PURCHASE OF A BUILDING (ASSET) FOR MY BUSINESS

Pro forma cash flow statement #3

Pro forma income statement #3 (your choice) QUESTIONS FOR THE 3 FINANCIAL STATEMENT FOR PRO FORMA Larry G. Heath