Cash Flows Statement

If the firm is to prosper financially then it must:

1) Buy assets that generate more cash than they cost

2) Sell financial instruments that raise more cash than they cost

3) The successful firm generates more cash than it uses

Cash Flow Statement 5 Year Summary
Period Ending		12/31/17	12/31/18	12/31/19	12/31/20	12/31/21
Cash on hand, (beginning of year)		$-	$526,391	$2,333,293	$331,915	$1,101,338
Cash Receipts:
	Collection of sales on credit	-	-	5,585,000	22,125,000	40,625,000
	Interest (Income)	261	7,941	20,159	38,964	46,931
	Loans payable - owners	165,000	15,000	-	-	(180,000)
	Loans payable - investors	500,000	2,000,000	2,000,000	-	(4,500,000)
	Loans payable - banks	-	500,000	-	-	(500,000)
	Common stock - owners	20,000	-	-	-	-
	Common stock - investors	-	-	-	-	-
	Total	685,261	2,522,941	7,605,159	22,163,964	35,491,931
Total cash available before payouts		$685,261	$3,049,332	$9,938,452	$22,495,879	$36,593,269
Cash Paid Out:
	Equipment - selling	-	80,000	-	-	-
	Equipment - administrative	8,000	45,000	-	-	-
	Cost of goods sold - product purchases	-	263,250	6,266,250	13,961,250	22,916,250
	Selling costs - exclusive of payroll	-	31,750	703,300	1,763,800	2,933,300
	Payroll, taxes & benefits - selling	-	33,003	132,000	132,000	132,000
	Administrative costs - exclusive of payroll	36,520	34,090	19,620	25,200	26,850
	Payroll, taxes & benefits - administrative	111,600	121,800	152,400	152,400	152,400
	Interest Expense	2,750	107,146	182,400	315,732	104,533
	Income Tax Expense	-	-	2,150,567	5,044,159	8,556,303
	Total	158,870	716,039	9,606,537	21,394,541	34,821,636
Cash on hand, (end of year)		$526,391	$2,333,293	$331,915	$1,101,338	$1,771,633