Business Plan Speedway
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…Spent $257,659 $305,538 $324,661
Net Cash Flow ($6,781) $3,010 $9,242
Cash Balance $17,219 $20,230 $29,472
Projected Balance Sheet
Our projected balance sheet is presented in the table below.
Pro Forma Balance Sheet
Assets
Short-term Assets 2001 2002 2003
Cash $17,219 $20,230 $29,472
Inventory $6,981 $8,515 $9,367
Other Short-term Assets $0 $0 $0
Total Short-term Assets $24,201 $28,745 $38,839
Long-term Assets
Long-term Assets $0 $0 $0
Accumulated Depreciation $0 $0 $0
Total Long-term Assets $0 $0 $0
Total Assets $24,201 $28,745 $38,839
Liabilities and Capital
2001 2002 2003
Accounts Payable $12,039 $13,405 $14,450
Current Borrowing $2,000 $5,000 $5,000
Other Short-term Liabilities $0 $0 $0
Subtotal Short-term Liabilities $14,039 $18,405 $19,450
Long-term Liabilities $14,400 $9,400 $4,600
Total Liabilities $28,439 $27,805 $24,050
Paid-in Capital $55,000 $55,000 $55,000
Retained Earnings ($62,290) ($59,239) ($54,061)
Earnings $3,051 $5,178 $13,849
Total Capital ($4,239) $939 $14,788
Total Liabilities and Capital $24,201 $28,745 $38,839
Net Worth ($4,239) $939 $14,788
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