Cycle-Rama

Pro-Forma Balance Sheet

April 1, 2005

 

 

Current Assets                                                       Current Liabilities

Cash                                     $11,500                     Current Long-Term Debt             $12,200

Pre-Paid Expenses                 500

Inventory                                78,000

Supplies                                 1,000

 

Total Current Assets               91,000                       Total Current Liabilities                 12,200

 

 

 

Fixed Assets                                                           Long-Term Liabilities

Equipment                              2,000                         Term Loan                                   67,800

Building Renovations               12,000                          

                                                                                Total Long-Term Liabilities       67,800

 

Total Fixed Assets                  14,000                        Total Liabilities                            80,000

 

                                                                                 Net Worth

                                                                                 Owner’s Equity                          25,000

 

 

                                                                                  Total Liabilities &                

Total Assets                         $105,000                      Net Worth                            $105,000

Disclaimer:  Cycle-Rama is a fictional company created by the Maine SBDC to illustrate the major components of the Business Plan.  It in no way depicts or represents any known company.