The document summarizes the cash flows and projected profits for a new business called "Exaggerates" over its first three days of operation. It shows cash balances increasing from an initial $0 to $25,750 as cash receipts from sales exceed cash expenditures. Projected profits also increase each day, ranging from $1,900 to $4,550 with gross profit margins staying at 100% and net profit margins increasing from 44.7% to 86.7%.
The document summarizes the cash flows and projected profits for a new business called "Exaggerates" over its first three days of operation. It shows cash balances increasing from an initial $0 to $25,750 as cash receipts from sales exceed cash expenditures. Projected profits also increase each day, ranging from $1,900 to $4,550 with gross profit margins staying at 100% and net profit margins increasing from 44.7% to 86.7%.
The document summarizes the cash flows and projected profits for a new business called "Exaggerates" over its first three days of operation. It shows cash balances increasing from an initial $0 to $25,750 as cash receipts from sales exceed cash expenditures. Projected profits also increase each day, ranging from $1,900 to $4,550 with gross profit margins staying at 100% and net profit margins increasing from 44.7% to 86.7%.
The document summarizes the cash flows and projected profits for a new business called "Exaggerates" over its first three days of operation. It shows cash balances increasing from an initial $0 to $25,750 as cash receipts from sales exceed cash expenditures. Projected profits also increase each day, ranging from $1,900 to $4,550 with gross profit margins staying at 100% and net profit margins increasing from 44.7% to 86.7%.
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CASH FLOWS -
"EXAGGEREATS" CASH IN HAND AT BEGINNING OF PERIOD Day 1 Day 2 Day 3 0 7050 16050 CASH IN
Cash sales excluding VAT 6000 6500 7000
VAT invoiced 600 650 650 Directors loans 0 0 0 Share capital investment 2750 2750 2750 Other external finance/loans 0 0 0 Other specific cash inflow 0 0 0
TOTAL CASH RECEIPTS 9350 9900 10400
CASH PAID OUT
Premises (rent, rates) 50 50 50
Power (light, heat, electricity, gas) 50 50 50 Telephone 0 0 0 Insurance 0 0 0 Postage and carriage 0 0 0 Interest and bank charges payable 0 0 0 Stationery 100 50 50 Drawings, wages or salaries 0 0 0 Equipment hire 300 300 300 Motor expenses 0 0 0 Accountancy fees 0 0 0 Legal/professional fees 0 0 0 Depreciation 0 0 0 Other specific expenses 1750 400 200 Other specific expenses 50 50 50
OPERATING EXPENSES SUBTOTAL 2300 900 700
Bad-debt provision 0 0 0 Plant and other capital expenditure 0 0 0 Loan and financing repayments 0 0 0 Repayment of directors loans 0 0 0 VAT payment due to HM Revenue & Customs 0 0 0 Other specific financing payments 0 0 0
TOTAL CASH PAID OUT 2300 900 700
NET CASHFLOW FOR PERIOD 7050 9000 9700
CASH BALANCE 7050 16050 25750
PROFITS AND LOSS FORECAST - "EXAGGEREATS"
Day Day 1 Day 2 Day 3
Revenue 4250 4750 5250
Cost of sales 0 0 0
Gross profit 4250 4750 5250
Gross profit margin (%) 100.0% 100.0% 100.0%
Expenses/overheads Premises (rent, rates) 50 50 50 Power (light, heat, electricity, gas) 50 50 50 Telephone 0 0 0 Insurance 0 0 0 Postage and carriage 0 0 0 Advertising 0 0 0 Interest and bank charges payable 0 0 0 Stationery 100 50 50 Drawings, wages or salaries 0 0 0 Equipment hire 300 300 300 Motor expenses 50 50 0 Accountancy fees 0 0 0 Legal/professional fees 0 0 0 Depreciation 0 0 0 Other specific expenses 1750 400 200 Other specific expenses 50 50 50
