Maxwell Smart				STRONG Suggestion - Completely fill in Common Size numbers				Points
INCOME STATEMENT
FY 12/31		Common Size		Assumptions			Common Size
	2022				2023E
Revenue	13,00,00,000	100.0%		Revenue 25%	15,60,00,000	15,60,00,000	100.0%
Cost of Goods Sold	5,85,00,000	45.0%					0.0%	1.5
Gross Profit	7,15,00,000	55.0%		G. Margins 1.0%			0.0%	2.0
Sales and Marketing (S&M)	2,60,00,000	20.0%		S&M 1.0% (CSB)			0.0%	2.0
General and Admin	1,43,00,000	11.0%		G&A improves 1.0% (CSB)			0.0%	2.0
Research and Development	50,00,000	3.8%		R&D $500,000 ($ value)			0.0%	2.0
Depreciation and Amortization	50,00,000	3.8%		D&A Stable ($ value)			0.0%	1.5
Total Operating Costs	5,03,00,000	38.7%					0.0%	2.5
Operating Income	2,12,00,000	16.3%				-	0.0%	2.0
Interest Income	3,50,000	0.3%		Approx 3.5% of Avg. Cash	14,00,000	14,00,000	0.9%
Interest Expense	7,15,000	0.6%		8.5% of Total Installment Debt Obligations			0.0%	3.0
		0.0%
Pre Tax Income	2,08,35,000	16.0%					0.0%	2.5			Orig Shrs	1,10,00,000
Tax (35%)	43,75,350	3.4%		21%			0.0%	1.5			Added
Net Income	1,64,59,650	12.7%					0.0%	2.0			Proceeds
											Bought from Mkt
EPS - Basic	$ 1.50							2.5			Net shares
EPS - Diluted								15.0
Shares Outstanding	1,10,00,000				1,10,00,000	1,10,00,000
Shares Outstanding for Diluted								15.0
5 mil common stock warrants exercisable @ $4.60. Stock price for calculations = $5.00								57.0

	BALANCE SHEET										CASH FLOW STATEMENT
	12/31/22				12/31/23E						Projected
Cash	50,00,000							3.5			2023E
A/R (Avg Collec Period = 30 days)	1,06,84,932			Collec period = 30 days				3.0		Net Income	1,64,59,650		2.0
Inventory (Days Inv. Held = 45)	72,12,329			Days Inv = 40 days				3.0		Depreciation			1.0
Other	50,00,000			$1,000,000				2.0
Total Current Assets	2,78,97,260							2.0		A/R	1,06,84,932		2.5
										Inventory	72,12,329		2.5
PP&E (see note below)	5,00,00,000			No change				2.0		Other	50,00,000		2.0
Less Accumulated Depreciation	50,00,000			PP&E 10 yr SLD				2.0		A/P	1,00,00,000		2.0
Net PP&E	4,50,00,000							1.0		Accrued Liabs	13,86,000		2.0
										Total Cash flow from Ops		-	2.5
Other	50,00,000			No change				2.0
										PP&E	4,50,00,000		2.0
Total Assets	7,78,97,260							3.0		Other
Accounts Payable	1,00,00,000			10% ($ value)				2.0		Financing			2.0
Current portion of LTD	20,00,000			No change				1.5
Accrued Liabilities	13,86,000			No change				1.5		Net Cash Flow			2.5
Total Current Liabilities	1,33,86,000							2.0					23.0
LTD	90,00,000			$1 Mil paid off on 1/1/22				2.0					125.0
Total Liabilities	2,23,86,000							2.5
Common Stock	1,000			No change				1.5
Addl PIC	99,99,000			No change				1.5
Retained Earnings	4,55,11,260							2.5
Shareholder's Equity	5,55,11,260							2.5
Total Equity and Liabilities	7,78,97,260							2.0			B = 80 and up
								45.0
Average collection Period = Accounts Receiable Average Daily Sales
Average Daily Sales = Sales 365					-