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Can you make a cash flow statement and balance sheet with the above data? Pro Forma Income Statement for the period ending 31 December 2022
Can you make a cash flow statement and balance sheet with the above data?
Pro Forma Income Statement for the period ending 31 December 2022 1,300,000 Sales Cost of sales Food Beverage Total cost of sales 262,500 165,000 427,500 Gross profit 872,500 Operating expenses Payroll Employee Benefits Direct Operating Expenses Music and Entertainment Advertising and Promotion Utilities Administrative & General Repair & Maintenance Rent Property Taxes Other Taxes Property Insurance Interest Deprecitation Total Operating Expenses 364,000 55,250 58,500 6,500 19,500 35,750 39,000 19,500 55,000 5,500 4,500 15,000 12,500 22,500 713,000 Net Income 159,500 Pro Forma Income Statement for the period ending 31 December 2022 1,300,000 Sales Cost of sales Food Beverage Total cost of sales 262,500 165,000 427,500 Gross profit 872,500 Operating expenses Payroll Employee Benefits Direct Operating Expenses Music and Entertainment Advertising and Promotion Utilities Administrative & General Repair & Maintenance Rent Property Taxes Other Taxes Property Insurance Interest Deprecitation Total Operating Expenses 364,000 55,250 58,500 6,500 19,500 35,750 39,000 19,500 55,000 5,500 4,500 15,000 12,500 22,500 713,000 Net Income 159,500Step by Step Solution
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