Question

Create a balance sheet of 2 years project for fast food chain start-up business, select approximate values, if the investor made investment of 1 million dollars  

Answer 1

Projected Balance sheet of Fast Food Chain Start-up Business for 2 years:	Amount in $
	Current Year	Prior Year
Assets:
Property, Plant & Equipment	500,000	500,000
Less: Accumulated Depreciation	95000	50000
Property, Plant & Equipment, Net	405,000	450,000
Investments	250,000	250,000
Inventory	120,000	95,000
Accounts Receivable	185,000	92,000
Cash at Bank	185,000	40,000
Total Assets	1,145,000	927,000
Liabilities and Equity:
Accounts Payable	42,000	65,000
Capital	1,000,000	1,000,000
Net Income	103,000	-138,000
Total Liabilities and Equity	1,145,000	927,000