REPORT ON “PRO FORMA INVOICE” SUBMITTED BY RISHI MEHTA - GF 78 INDEX Sr No | Chapter Name | Page No | 1. | Introduction: Meaning and Definition. | 3 | 2. | Need for Pro Forma Invoice | 4 | 3. | Pro Forma Invoice check list | 5 | 4. | Steps in preparing Pro Forma Invoice | 6 | 5. | Importance of Pro Forma Invoice in International business | 7 | 6. | Sample Pro Forma Invoice | 8 | 7. | Bibliography | 9 | INTRODUCTION MEANING AND DEFINATION: An abridged or estimated
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product strategy‚ a more efficient supply chain‚ and to reinforce stakeholder culture. In order to solve the problems faces by the company‚ we modeled the company’s financial need by providing a forecast of the company’s income statement and balance sheet for years 2002‚ 2003 and 2004. In order to forecast the different changes we used the percentage of sales forecasting method. Moreover‚ to come up with accurate financial forecasting we undertook sensitivity analysis on several key financial variables
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other financial statement accounts based on their direct relationship with sales. This method of forecasting was used due to the lack of information available (only the last three years of financial statements). As a result‚ every account in the pro forma financial statements are based on one or more key assumptions about their relationship with sales: Sales: It is assumed that sales turnover will continue to grow at a rate of 11% every year. This figure is the historical average of growth (change)
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chain management BUS401 BIZ FINANCE / MC 1 / Ch 01-04 1 6. Which of the following is not one of the three basic financial statements? A. B. C. D. E. Income Statement Statement of Retained Earnings Statement of Cash Flows Balance Sheet T Account 7. Gross profit is equal to A. B. C. D. E. sales minus cost of goods sold. sales minus (selling and administrative expenses). sales minus (cost of goods sold and selling and administrative expenses). sales minus (cost of goods
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B1: BUDGETS The Marketplace simulation helped me realize how complicated and difficult decision making can be when trying to build a company. Among the most important simulation results were utilizing the budgets and pro forma statements. Budgets are beneficial as a financial plan by listing all planned expenses and income. The purpose is to be able to forecast revenues and expenses and create a business model that operates effectively to make sure overhead can be paid. -------------------------------------------------
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Hampton Machine Tool Company -Case Write-up Summary: On September 12‚ 1979‚ Hampton Machine Tool Company requested from St. Louis National Bank a renewal to their loan of $1‚000‚000 due to be repaid on September 30‚ 1979 and also to be given an additional loan of $350‚000 for new equipment purchases in October 1979. Both loans were to be repaid on December 31‚ 1979. Hampton M.T. Company wrote a letter to the St. Louis National Bank stating the reasons for the extension of the loan and the need
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VI Elements of a business plan The Executive Summary This is the first element of your plan but is written last. It tells who you are‚ explains your vision and your strategy‚ what you are doing or proposing to do‚ the market‚ the capital you need and what you’ll do with it and your competitive advantage. In short it is the business plan in miniature. B Business description In a business description firstly The name of the venture should be identified and The industry background should be presented
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increase * Higher inventory and handling costs * Higher than 2 million loan max. * Estimate the amount of external funds required and the timing of those needs under the proposed level production plan. Prepare pro forma income statements‚ balance sheets‚ and a cash budget to support this estimate. * Double the amount ($4 million in September) * What are the characteristics of Toy World’s need for external financing? What are the timing‚ magnitude‚ and duration of its
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Entrepreneurial Finance Eric Wehrly Hampton Machine Tool Company The questions for the Hampton Machine Tool Company are given below. Please prepare for submission questions 1 and 2 only. That is‚ please submit your balance sheet for December 31‚ 1979 and income statement for the four month period‚ September through December 1979‚ requested in question 2 below (your income statement should not be monthly; it should cover the entire four months). Please also prepare‚ but do not submit‚ the
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shareholders. The pro forma statements show that Polar Sports will be more profitable. Polar Sports will make $406‚000 more in net income under level production. The difference in net income overall is due to the decrease in COGS of $1‚080‚000 offset by increases in operating expenses‚ interest paid‚ and taxes and a decrease in interest earned. If Mr. Weir determines that Polar Sports can be more profitable‚ then he must consider the risks involved in moving to level production. The pro forma financial statements
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