Aug 05, 2022 · A pro forma balance sheet contains the projected balances of assets, liabilities, and owner's equity or retained earnings owned or owed by the business. Assets and liabilities are commonly divided into two groups: current and non-current.
The following financial projections are based on conservative sales forecasts by month for the next twelve months, and by year for the four years thereafter. We will continue to sell the DOS-based MDS 2.0 product until January 2002 at which time we expect to have programming completed in the Windows environment for the Enterprise Software Solution....
The cost to upgrade the OBRA e-z DOS-based program to windows is estimated at $120,000 that will be spread over the first twelve months. Maintenance will require approximately $24,000 per year thereafter. The cost to upgrade and integrate the MasterLink software is estimated at $204,000 (spread over the first twelve months) with annual maintenance ...
OBRA e-z will generate negative income from July 2001 until April 2002 while absorbing the expense to upgrade software and jump start its sales and marketing activities. We expect to be generating profits beginning May 2002 and every month thereafter.
We will require an initial investment of $750,000, all of which will have been recovered by the end of year two in cash (approximately $700,000) and accounts receivable (approximately $200,000). By the end of year five, we expect to have cash and accounts receivable aggregating more than $7,000,000.
The chart shows the break-even revenue is about $94,500 per month. Conservatively, we estimate that by May 2002 we will be servicing a minimum of 165 customers of $73,125 and license fees of $22,500. We will have crossed the break-even point in May and project profitability thereafter.
Aug 06, 2022 · As mentioned for the quotation the points to be included in the pro forma are. A pro forma invoice is very similar to a sales quote because it is used to formally define the value of a trade prior to shipping or the actual completion of the sale. You can get the designing reference from them. Create invoices track payments manage billing easily.
Aug 07, 2022 · Made or carried out in a perfunctory manner or as a formality Based on financial assumptions or projections Pro forma is actually a Latin term meaning for form or today we might say for the sake of form as a matter of form. Easily edit each model.
Aug 05, 2022 · How to calculate dividends from the balance sheet and income statement. Take the retained earnings at the beginning of the year and subtract it from the the end-of-year number. That will tell you ...
Aug 06, 2022 · Question1. Question : (TCO 7) The culmination of preparing operating budgets is the: pro forma balance sheet. production budget. cash budget. pro forma income statement. Points Received: 4 of 4Comments: 2. Question : (TCO 7) The starting point in preparing a master budget is the preparation of the: production budget. sales budget. purchasing budget. personnel budget. Points Received: 4 of ...
Aug 03, 2022 · Steps to prepare trial balance. Hence it makes the preparation and analysis of financial statements. How Do You Prepare a Trial Balance. Following Steps are involved in the preparation of a Trial Balance. Ledger account should be balanced that means the entries of both debit and credit. 27 rows Illustration – Working Notes. Preparation of […]