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Profit and Loss
2013

2014

2015

Sales

259,344.00

100%

990,648.00

100%

1,040,648.00

100%

Less: Cost of sales

214,991.40

82%

797,565.65

81%

822,565.65

79%

Gross profit

44,352.60

17%

193,082.35

19%

218,082.35

21%

Advertising Promotion

2,556.00

1%

10,236.00

1%

11,259.60

1%

Salary and Wages

25,200.00

10%

147,840.00

15%

147,840.00

14%

Utility
Depreciation expense : furniture and
fixture

5,100.00

2%

20,400.00

2%

22,440.00

2%

-

1,405.00

0.14%

1,405.00

0.14%

-

3,470.00

0.35%

3,470.00

0.35%

Operating Expense :

Depreciation expense : Equipment

Total Operating Expense

32,856.00

13%

183,351.00

18%

186,414.60

17%

Net income before tax

11,496.60

4%

9,731.35

2%

31,667.75

4%

Tax 3%
Net income after tax

344.89

291.94

950.00

11,151.71

9,439.41

30,717.72
Pro-forma Balance sheet
2013

2014

2015

ASSETS
Current Assets:
Cash
Supplies
Inventory
Total Current Assets

100,000.00
1,215.00
8,854.00
110,069.00

114,963.99
1,215.00
8,854.00
125,032.99

131,239.01
1,215.00
8,854.00
141,308.01

Fixed Assets:
Land
Furniture and Fixtures (Net)
Equipment (Net)
Total Fixed Assets
Total Assets

150,000.00
8,130.00
48,290.00
206,420.00
316,489.00

150,000.00
6,725.00
44,820.00
201,545.00
326,577.99

150,000.00
5,320.00
41,350.00
196,670.00
337,978.01

50,000.00
50,000.00

48,937.28
48,937.28

50,551.00
50,551.00

266,489.00
266,489.00
316,489.00

277,640.71
277,604.71
326,541.99

287,425.01
287,425.01
337,976.01

Liabilities and Owners Equity
Current Liabilities
Notes payable
Total Current Liabilities
Owners¡¯ Equity
Streetwise Capital
Total Owners Equity
Total Liabilities and Owners Equity
Cash flow statement
2013

2014

2015

Operating Activity :
Cash collected from Revenues
Cash payment for expenses and inventory

44,352.60

193,082.35

218,082.35

inventory

6,173.61

6,173.61

6,173.61

Supplies

1,215.00

1,215.00

1,215.00

Advertising Promotion

1,800.00

10,236.00

11,259.60

Salary and Wages

16,800.00

147,840.00

147,840.00

utility

3,400.00

20,400.00

22,440.00

Cash payments for expenses and inventory

29,388.61

185,864.61

188,928.21

Net cash flow from operating activities

14,963.99

7,217.74

29,154.14

10,120.00

10,120.00

48,937.28

51,551.00

(50,000.00)

(48,937.28)

64,963.99

16,275.02

41,887.86

Beginning Cash

50,000.00

114,963.99

127,278.72

Change In cash

64,963.99

16,275.02

41,887.86

Ending cash

114,963.99

131,239.01

169,166.58

Investing Activity:
Purchase of Fixed Asset

-

Financing Activity:
Issuance of Notes Payable

50,000.00

payment for notes payable

Cash balance, 31 December 14
Cash reconciliation
Financial final
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Financial final

  • 1. Profit and Loss 2013 2014 2015 Sales 259,344.00 100% 990,648.00 100% 1,040,648.00 100% Less: Cost of sales 214,991.40 82% 797,565.65 81% 822,565.65 79% Gross profit 44,352.60 17% 193,082.35 19% 218,082.35 21% Advertising Promotion 2,556.00 1% 10,236.00 1% 11,259.60 1% Salary and Wages 25,200.00 10% 147,840.00 15% 147,840.00 14% Utility Depreciation expense : furniture and fixture 5,100.00 2% 20,400.00 2% 22,440.00 2% - 1,405.00 0.14% 1,405.00 0.14% - 3,470.00 0.35% 3,470.00 0.35% Operating Expense : Depreciation expense : Equipment Total Operating Expense 32,856.00 13% 183,351.00 18% 186,414.60 17% Net income before tax 11,496.60 4% 9,731.35 2% 31,667.75 4% Tax 3% Net income after tax 344.89 291.94 950.00 11,151.71 9,439.41 30,717.72
  • 2. Pro-forma Balance sheet 2013 2014 2015 ASSETS Current Assets: Cash Supplies Inventory Total Current Assets 100,000.00 1,215.00 8,854.00 110,069.00 114,963.99 1,215.00 8,854.00 125,032.99 131,239.01 1,215.00 8,854.00 141,308.01 Fixed Assets: Land Furniture and Fixtures (Net) Equipment (Net) Total Fixed Assets Total Assets 150,000.00 8,130.00 48,290.00 206,420.00 316,489.00 150,000.00 6,725.00 44,820.00 201,545.00 326,577.99 150,000.00 5,320.00 41,350.00 196,670.00 337,978.01 50,000.00 50,000.00 48,937.28 48,937.28 50,551.00 50,551.00 266,489.00 266,489.00 316,489.00 277,640.71 277,604.71 326,541.99 287,425.01 287,425.01 337,976.01 Liabilities and Owners Equity Current Liabilities Notes payable Total Current Liabilities Owners¡¯ Equity Streetwise Capital Total Owners Equity Total Liabilities and Owners Equity
  • 3. Cash flow statement 2013 2014 2015 Operating Activity : Cash collected from Revenues Cash payment for expenses and inventory 44,352.60 193,082.35 218,082.35 inventory 6,173.61 6,173.61 6,173.61 Supplies 1,215.00 1,215.00 1,215.00 Advertising Promotion 1,800.00 10,236.00 11,259.60 Salary and Wages 16,800.00 147,840.00 147,840.00 utility 3,400.00 20,400.00 22,440.00 Cash payments for expenses and inventory 29,388.61 185,864.61 188,928.21 Net cash flow from operating activities 14,963.99 7,217.74 29,154.14 10,120.00 10,120.00 48,937.28 51,551.00 (50,000.00) (48,937.28) 64,963.99 16,275.02 41,887.86 Beginning Cash 50,000.00 114,963.99 127,278.72 Change In cash 64,963.99 16,275.02 41,887.86 Ending cash 114,963.99 131,239.01 169,166.58 Investing Activity: Purchase of Fixed Asset - Financing Activity: Issuance of Notes Payable 50,000.00 payment for notes payable Cash balance, 31 December 14 Cash reconciliation