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In the spring of 2013 the Caswell publish company established a customer...

In the spring of 2013 the Caswell publish company established a customer...

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Author: willi padro
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In the spring of 2013 the Caswell publish company established a customer publish business for its business clients

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Table
Caswell( Balance sheet 2013)                    Cashwell (Proforma balance sheet 2014 , 100% 
Current assets             $ 11,900,00                            Current assets  $ 23,800,000
Net fixed assets             18,110,000                           Net fixed assets         36,220,000
Total                              30,010,000                          Total                           60,020,000
Accounts payable          2,010,00                               Accounts payable      4,020,000
Accrued expenses        1,980,000                      Accrued expenses              3,960,000  
Notes Payable              1,510,000                            Notes Payable              1,510,000
Current Liabilities        5,500,000                           Current Liabilities         9,490,000      
Long term debt              6,480,000                          Long term debt             6,480,000        
Total liabilities               11,980,000                       Total liabilities              15,970,000        
Common stock ( par)           900,000                      Common stock ( par)     900000       
Paid in capital                  2,100,000                        Paid in capital               2,100,000
…….
 


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