I JUST NEED THE DATA WHERE I WROTE THE WORD NEED, ON THE THIRD AND FOURTH TABLE, THE 1 & 2 I DID THEM AND ATTACHED FOR EXAMPLE.

Use the data provided and the budgets prepared from JKL Corporation in Assignments 6.1 and 6.2 to help develop the following projected financial statements:

1- Pro forma statement of condition as of June 30, 20xx. (10 points)

JKL CORP Balance sheet JUNE 30, 2020 ACTIVES
Current assets
Cash		8,493.90
Accounts receivable		64,000
Inventory		10,013
Total Current Assets		82,506.9
Non-current Assets
Building and equipment (net)		225,000
Total Assets		307,506.90
Liabilities and Shareholders' Equity		23,400
Accounts Payable		8,000
Loans		31.400
Total Liabilities
Capital Stock		150,000
Retained earnings		61,000
Total liabilities and shareholders' equity		307,506.90

2- Proforma income and expense statement for the quarter ended June 30, 20xx.

JKL CORP Income statement quarter ending june 30, 2020
Sales			235,800
Less cost of sales
Begin inventory	15,400
Purchases	140,809
Less: Ending inventory	-10,013		-146,196
Gross profit			89,604
Selling and administrative expenses
Salary expenses		30,600
Promotions		18,900
Amortization		10,000
Other expenses		18,864	-78,364
Profit before financial expenses			11,240
Interest expense			-50
Net income			11,190

3- Pro-forma statement of cash flows for the quarter ended June 30, 20xx.

JKL CORP Statement of cash flows For the quarter ended June 30, 2020
cash flow from operating activities
Net income			11,190
Amortization			10,000
Changes in working capital
decrease in accounts receivable			NEED
decrease in inventory			5,387
Increase in accounts payable			NEED
Net cash provided by operating activities
Cash flow from investing activities
Purchase of equipment			-44,300
Net cash used in investing activities			-44,300
Cash flows from financing operating activities
Loan proceeds
Dividend payments			8,000
Net cash provided by financing activities			-5,200
Net increase (decrease) in cash and cash equivalents
Beginning cash balance			20,000
Ending cash balance			8,493.90

Then, complete the following table of financial analysis rates. It shows the calculation to obtain each rate.

ratios	June 20xx	Calculation
Razn corriente (current ratio)	(3.5259) 3.53	82,506.9/23,400
Razn cida (Acid-test ratio)	NEED	NEED
Rotacin de cuentas por cobrar (accounts receivable turn-over)	NEED	235,800/NEED
Periodo promedio de cobro (average collection period)	NEED	365/NEED
Rotacin de inventario (inventory turn-over)	NEED	146,196/NEED
Periodo promedio de ventas (average sales period)	32 das	365/11.50
Deuda/Activos	NEED	NEED
Deuda/Capital de los accionistas (debt-equity ratio)	NEED	NEED
Cubierta de intereses (timesinterest earned ratio)	224.8	11,240/50
Margen bruto (gross margin percentage)	0.38	89,604/235,800
Margen neto	(0.0474) 0.05	11,190/235,800
Rendimiento sobre inversin (ROI: return on investment)	NEED	NEED

DATA AND RESULTS:

A. Certain data of the Statement of position (Balance Sheet) as of March 31, 20xx: Dr Cr Cash $20,000 (DR) Accounts receivable $64,000 (DR) Inventory $15,400 (DR) Buildings and equipment (net of depreciation) $225,000 (DR) Accounts payable $23,400 (CR) Long-term debts $90,000 (CR) Common shares- principal $150,000 (CR) Retained Earnings $61,000 (CR) Totals $324,400 (DR) $324,400 (CR) B. The projected and actual sales for various months of 20xx are: March (reals) $80,000 April $83.400 May $69,500 June $82,900 July $64,600

1- Monthly sales are 20% cash and 80% credit. Credit sales from the previous month are collected in full in the following month (therefore, what is in accounts receivable at the end of March is 80% of March sales). 2- The gross profit margin generated by the corporation on its sales is 38%. 3- Each month's ending inventory is equal to 25% of the next month's budgeted cost of sales. 4- 40% of monthly merchandise purchases are paid in the month of purchase and the remainder in the month following the purchase. 5- Expected monthly expenses are: salaries, $10,200; advertising, $6,300 per month; and remaining expenses (except depreciation) represent 8% of sales. Assume that these expenses are paid every month (nothing is due at the end of the month). 6- Depreciation expense is $10,000 for the quarter and includes the portion that corresponds to assets acquired during the period. 7- Equipment was purchased in cash: $25,200 in April and $19,100 in May 20xx. 8- Management wants to maintain a minimum cash balance at the end of each month of $8,000. 9- When the company has a need for cash, it can borrow from a local bank in $1,000 increments at the beginning of each month up to a borrowing ceiling of $20,000. The interest rate the bank charges on these loans is 1% per month and the interest is paid the next month (we presume that it is not compound interest and that each loan is made at the end of the month). The company paid dividends of $5,200 in June.

Sales Cash Sales (1) Credit Sales Collection from Accounts Receivable (ii) Total Collection from Sales (i)+(ii) Sales Cost of Sales (Salesx62%) Add:Ending Inventory Total Needed Schedule of Sales Collection April May Less:Beginning Inventory Budgeted purchases $83,400 $16,680 $66,720 $64,000 $80,680 Purchase Budget April $69,500 May June $13,900 $82,900 $235,800 $47,160 $55,600 $66,320 $188,640 $66,720 $55,600 $186,320 Total $16,580 $80,620 $72,180 $233,480 Total $83,400.00 $69,500.00 $82,900.00 $235,800.00 $51,708.00 $43,090.00 $51,398.00 $146,196.00 $10,772.50 $12,849.50 $10,013.00 $10,013.00 $62,480.50 $55,939.50 $61,411.00 $156,209.00 $15,400.00 $10,772.50 $12,849.50 $15,400.00 $47,080.50 $45,167.00 $48,561.50 $140,809.00 June Budgeted purchases Cash Purchase (40%) (1) Accounts Payable Paid (ii) Total Disbursment (i)+(ii) Salaries Schedule of Purchase disbursements April May Total $47,080.50 $45,167.00 $48,561.50 $140,809.00 $18,832.20 $18,066.80 $19,424.60 $56,323.60 $23,400.00 $28,248.30 $27,100.20 $78,748.50 $42,232.20 $46,315.10 $46,524.80 $135,072.10 Advertising Other Expenses Total Selling and administrative Paid June Selling and administrative expense disbursements for the quarter April May June $10,200 $6,300 $6,672 $23,172 Total $10,200 $10,200 $30,600 $6,300 $6,300 $18,900 $5,560 $6,632 $18,864 $22,060 $23,132 $68,364 Formula Cash Budget A Beginning Cash Balance D 1 B C=A+B D E F G H Add Cash receipts Total Cash on Hand Less Disbursements Purchases Selling & distributions Selling & Administration expenses Purchase of Equipment Dividends I J-Sum(D:1) Total Disbursements K=C-J Excess (Deficiency) Fianancing L Loan M Loan Repayments N Interest O=L+M+N Total Financing P=K+0 Cash Closing Balance May June Quarter April $ 20,000.00 $10,075.80 $ 8,220.70 $ 20,000.00 $ 80,680.00 $80,620.00 $72,180.00 $2,33,480.00 Taken from Sales collection schedule given in problem $1,00,680.00 $90,695.80 $80,400.70 $2,53,480.00 $ 42,232.20 $46,315.10 $46,524.80 $1,35,072.10 Taken from Schedule of Purchase Disbursements Given in Problem $ 23,172.00 $22,060.00 $23,132.00 $ 68,364.00 Taken from Selling & Admnistration Schedule given from problem $ 25,200.00 $19,100.00 $ $ 44,300.00 Given in problem $5,200.00 $ 5,200.00 Given in problem $ 90,604.20 $87,475.10 $74,856.80 $2,52,936.10 543.90 10,075.80 $3,220.70 $ 5,543.90 $ $ Sheet1 Sheet2 mady Accessibility: Investigate $ $ $ Working Note:1 for Computation of Loan Amount Desired Ending Cash Add Deficit or less excess cash Less Interest to be paid Total Loan Amount to be borrowed Loan Amount in 1000's Sheet3 Sheet4 $ $ 10,075.80 (+) July $5,000.00 $3,000.00 $ 8,000.00 Working Note 1 $ S -50.00 $ $ 5,000.00 $ 2,950.00 $ $8,220.70 $ 8,493.90 $ $ 8,000.00 $ 8,000.00 $-3,220.70 $-5,543.90 $ -50.00 (5000*1%) $ $ 4,779.30 $2,406.10. $5,000.00 $3,000.00 -50.00 Working Note 1 7,950.00 8,493.90 + 4 d Sales Cash Sales (1) Credit Sales Collection from Accounts Receivable (ii) Total Collection from Sales (i)+(ii) Sales Cost of Sales (Salesx62%) Add:Ending Inventory Total Needed Schedule of Sales Collection April May Less:Beginning Inventory Budgeted purchases $83,400 $16,680 $66,720 $64,000 $80,680 Purchase Budget April $69,500 May June $13,900 $82,900 $235,800 $47,160 $55,600 $66,320 $188,640 $66,720 $55,600 $186,320 Total $16,580 $80,620 $72,180 $233,480 Total $83,400.00 $69,500.00 $82,900.00 $235,800.00 $51,708.00 $43,090.00 $51,398.00 $146,196.00 $10,772.50 $12,849.50 $10,013.00 $10,013.00 $62,480.50 $55,939.50 $61,411.00 $156,209.00 $15,400.00 $10,772.50 $12,849.50 $15,400.00 $47,080.50 $45,167.00 $48,561.50 $140,809.00 June Budgeted purchases Cash Purchase (40%) (1) Accounts Payable Paid (ii) Total Disbursment (i)+(ii) Salaries Schedule of Purchase disbursements April May Total $47,080.50 $45,167.00 $48,561.50 $140,809.00 $18,832.20 $18,066.80 $19,424.60 $56,323.60 $23,400.00 $28,248.30 $27,100.20 $78,748.50 $42,232.20 $46,315.10 $46,524.80 $135,072.10 Advertising Other Expenses Total Selling and administrative Paid June Selling and administrative expense disbursements for the quarter April May June $10,200 $6,300 $6,672 $23,172 Total $10,200 $10,200 $30,600 $6,300 $6,300 $18,900 $5,560 $6,632 $18,864 $22,060 $23,132 $68,364 Formula Cash Budget A Beginning Cash Balance D 1 B C=A+B D E F G H Add Cash receipts Total Cash on Hand Less Disbursements Purchases Selling & distributions Selling & Administration expenses Purchase of Equipment Dividends I J-Sum(D:1) Total Disbursements K=C-J Excess (Deficiency) Fianancing L Loan M Loan Repayments N Interest O=L+M+N Total Financing P=K+0 Cash Closing Balance May June Quarter April $ 20,000.00 $10,075.80 $ 8,220.70 $ 20,000.00 $ 80,680.00 $80,620.00 $72,180.00 $2,33,480.00 Taken from Sales collection schedule given in problem $1,00,680.00 $90,695.80 $80,400.70 $2,53,480.00 $ 42,232.20 $46,315.10 $46,524.80 $1,35,072.10 Taken from Schedule of Purchase Disbursements Given in Problem $ 23,172.00 $22,060.00 $23,132.00 $ 68,364.00 Taken from Selling & Admnistration Schedule given from problem $ 25,200.00 $19,100.00 $ $ 44,300.00 Given in problem $5,200.00 $ 5,200.00 Given in problem $ 90,604.20 $87,475.10 $74,856.80 $2,52,936.10 543.90 10,075.80 $3,220.70 $ 5,543.90 $ $ Sheet1 Sheet2 mady Accessibility: Investigate $ $ $ Working Note:1 for Computation of Loan Amount Desired Ending Cash Add Deficit or less excess cash Less Interest to be paid Total Loan Amount to be borrowed Loan Amount in 1000's Sheet3 Sheet4 $ $ 10,075.80 (+) July $5,000.00 $3,000.00 $ 8,000.00 Working Note 1 $ S -50.00 $ $ 5,000.00 $ 2,950.00 $ $8,220.70 $ 8,493.90 $ $ 8,000.00 $ 8,000.00 $-3,220.70 $-5,543.90 $ -50.00 (5000*1%) $ $ 4,779.30 $2,406.10. $5,000.00 $3,000.00 -50.00 Working Note 1 7,950.00 8,493.90 + 4 d