Topic: Entrepreneurial Finance
Question: Need the 'Financials" for a new cellphone accessory company including the balance sheet, income statement and cash flow statement. In addition, I must have the following:
the financials must be over a 3 year period
year over year increase by 3%
taxes should be 35%
accounts receivable should be 100% cash
accounts payable in 30 days
Must specify amount needed for working capital cannot have negative cash flow
Three revenue streams consist of the following:
1) cases $20 per unit
2) screen protectors $10 per unit
3) warranty $40
These are projections for a new start up company. Therefore, the numbers that need to be inputted are based on a similar company operating from home with only the owner as the employee. COGS $1.90 per unit broken out as $0.90 per unit for materials $1.00 per unit for labor. I will need you to project the other amounts given to what a similar company would do. I need you to input the projections operating under the same conditions. I'm giving you the amount I'm selling for, the amount it cost to produce each unit, I need you to project average volumes based on what is feasible in the market. Keep the figures in line with a similar cellphone accessory company.
Attachment:- Assignment.rar