Balance Sheet as at 31 December 2012 Forecasted B/S as at 31 December 2013 Calculation on Projected 2013 Assets % of sales (S₁ = RM 455,000) Cash 150,000 42.86% 195,013.00 Debtors 75,000 21.43% 97,506.50 Inventories 80,000 22.86% 104,013.00 Total Current Assets 305,000 396,532.50 Net Fixed Asset 300,000 85.71% 389,980.50 Total Assets 605,000 786,513.00
Liabilities & Equities
Account Payable 55,000 15.71% 71,480.50 Accruals 75,000 21.43% 97,506.50 Notes Payable 50,000 No Change 50,000.00 Long Term Debts 150,000 No Change 150,000.00 Common Stock 168,000 No Change 168,000.00 Retained Earnings 107,000 141,125.00 Projected Sources of Financing 678,112.00 Discretionary Financing Needs 108,401.00 Total Liabilities & Equities 605,000 Total Financing Needs 786,513 Petronize Corporation Petronize Corporation Balance Sheet as at December 2011 Forecasted B/S as at December 2012 Calculation on % Projected 2012 Assets of sales (S₁ = RM 3 million) Cash 225,000 7.890% 236,700 Marketable Securities 675,000 23.680% 710,400 Account Receivables 2,700,000 94.740% 2,842,200 Inventories 1,687,500 59.210% 1,776,300 Buildings 2,475,000.00 86.840% 2,605,200 Equipments 4,612,500.00 161.840% 4,855,200 Furnitures 1,800,000.00 63.160% 1,894,800 Depreciation (2,925,000) -102.630% (3,078,900) Total Assets 11,250,000 11,841,900
Liabilities & Equities
Account Payable 112,500 3.95% 118,500 Accruals 1,800,000 63.16% 1,894,800 Notes Payable 1,800,000 No Change 1,800,000 Bonds 4,500,000 No Change 4,500,000 Common Stock 2,587,500 No Change 2,587,500 Retained Earnings 450,000 684,000 Projected Sources of Financing 11,584,800 Discretionary Financing Needs 257,100 Total Liabilities & Equities 11,250,000 Total Financing Needs 11,841,900 Resque Bhd Resque Bhd Balance Sheet as at 31 December 2013 Forecasted B/S as at 31 December 2014 Calculation on Projected 2013 Assets % of sales (S₁ = RM 15 mill) Cash 100,000 1.00% 150,000 Marketable securities 130,000 1.30% 195,000 Account Receivables 150,000 1.50% 225,000 Inventories 320,000 3.20% 480,000 Net Fixed Asset 850,000 8.50% 1,275,000 Total Assets 1,550,000 2,325,000
Liabilities & Equities
Account Payable 220,000 2.20% 330,000 Accrual 100,000 1.00% 150,000 Notes Payable 300,000 No Change 300,000 Long Term Debt 470,000 No Change 470,000 Common Stock 310,000 No Change 310,000 Retained Earnings 150,000 675,000 Projected Sources of Financing 2,235,000 Discretionary Financing 90,000 Total Liabilities & Equities 1,550,000 Total Financing Needed (TFN) 2,325,000