Pro-Forma and Business Cycle Research Paper FIN/375 ‚ 2014 Pro-Forma and Business Cycle Research Paper This report will compare the pro-forma financial statement of two companies: Bank of America and General Electric also-known as GE. It will describe and summarize the comparison of both organizations and their fiscal stability. It will also detail the typical business cycle of these two companies. Pro-Forma Financial of General Electric and Bank of America General Electric and Bank of America
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Exhibit 1 Pro Forma Balance Sheets Under Seasonal Production‚ 1994 (thousands of dollars) Actual Dec. 31‚ 1993 Casha Accounts receivableb Inventoryc Current assets Net plant and equipmentd Total assets Accounts payablee Notes payable‚ bankf Accrued taxesg Long-term debt‚ current portion Current liabilities Long-term debth Seasonal Liabilities Shareholders’ equity Total liabilities and equity Jan. Feb. Mar. Apr. May July Aug. Sept. Oct. $200 2‚905 586 $878 1‚060 586 $1‚526 260 586 $1
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Assumptions for Pro Forma Statements Income Statement Net sales - Sales forecast for 1994 is used as there is no big difference in terms of sales for seasonal or level production. COGS - According to the case 65.1% of sales for the current month. Operating expenses - Seasonal projection 200 plus additional storage and handling cost 115/12 in case of shift to level production. The amount is the same for each month because in case study it is assumed operating expenses are likely to be incurred
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Tire City‚ Inc. Analysis As a lender‚ I would have no problem giving a loan to Tire City‚ Inc to help finance their growth for the following reasons. The first thing that is apparent is the annual revenue growth. It is expected to steadily increase by 5% in the coming years. This means that Tire City has strong operating cash flows to fund its day-to-day operations. Additionally‚ Tire City‚ Inc has improved in total asset turnover over the years‚ suggesting that they are indeed growing their
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Running head: CAPSTONE PROJECT Capstone Project- MGT660 Capstone Project- MGT660 A pro forma income statement is a projection of future business profits and losses. It allows the business to make operational changes that could affect the actual outcome before the projections are reality. The pro forma income statement for Once Upon A Child is a three year projection that accounts for a ten percent increase in gross sales each of the three years. The projections
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TERM PROJECT Executive Summary and Pro Forma Jeyhun Taghiyev Park University Executive Summary Brothers’ is a convenience store located in Basehor‚ Kansas. This family owned business is conveniently located and the cross section of two major highways (K-7 and I-70). This small company expects to capture market share by becoming the low cost leader in the convenience store market by pricing competitively‚ providing excellent service and products. The major products offered include: newspapers
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A. Documents A. Analysis B1. To make my pro-forma statements I had to plan for future goals‚ I intended to make up the money I used in the first three quarters by quarter 4. I tried to backwards plan by adjusting the numbers to hopefully meet the criteria. Each quarter my cash flow increased by about 300‚000. I did not increase my effectiveness with pro-forma statements or budgets to ensure adequacy of funds. The production capacity in my first 2 quarters was low but only because it
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NOVEL STUDY PRO FORMA: SETTING: - What is the time and place of the story? - Don these have any bearing on or importance to the story? - Does the setting vary‚ of is it static? - Are characters affected by the setting? How? MOOD/ATMOSPHERE: - Is there a particular atmosphere created? - How is this created? - What effect does it have on characters and events CHARACTERS: - What does the author tell us about the characters? Ie. Descriptive presentation? - What do the characters reveal
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[pic] [pic] ERODE - 638 052. PERISTALTIC SELF-INFLATING TYRE SYSTEM (A self inflating tyre system for automobiles using a peristaltic pump) PRESENTED BY R.PRAVEEN KUMAR (26ME71) P.VIGNESH (26ME108) 3rd year mechanical
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FIN 641- Summer 2013 – Excel Assignment This assignment is due 10 am on Thursday‚ August 8. You need to use the Excel Template I posted. Your assignment will be graded on a scale of 0 to 25. The assignment should be submitted on Blackboard. No late assignment will be accepted. Enjoy the problems! Assignment Instructions: For this homework you will have to predict the future financial statements of the Body Shop. There is a template provided. Use the figures for 2011 and the forecasting
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