Professional Documents
Culture Documents
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Balance Sheets for Petri & Associates Leasing, Inc., for December 31, 2004 and 2005
Exhibit 10.4
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Cash-Basis Accounting
A method of accounting that reports transactions only when cash is received or a payment is made
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Exhibit 10.5
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Financial Forecasting
Pro Forma Financial Statements
Statements that project a firms financial performance and condition Purposes of pro forma statements:
How profitable can the firm be expected to be, given the projected sales levels and the expected sales expense relationships? What will determine the amount and type of financing (debt or equity) to be used? Will the firm have adequate cash flows? If so, how will they be used; if not, where will the additional cash come from?
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Assets-to-Sales-Financing Relationships
Exhibit 10.9
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