Copy of Copy of RCS+VSC+CatoConsultants - Horizontal + Vertical Models -Chapter 1 &2.Xlsx-Solutions v2

8/4/2019 Copy of Copy of RCS+VSC+CatoConsultants - Horizontal + Vertical Models -Chapter 1 &2.Xlsx-Solutions v2

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EventNo.

= +Cash + A/R +

Prepaid.

Rent+ Supplies

+ Land = = A/P +

Unearned

Rev. +

Sal.

Payable +

Beg. Bal 0.0 0.0 0.0 0.0 + 0.0 0.0 = 0.0 +1 5.0 + 5.0 = 0.0 + 2 84.0 + 84.0 = 0.0 + 3 60.0 (60.0) + 0.0 = 0.0 +4 (10.0) + (10.0) = 0.0 + 5 (2.0) + (2.0) = 0.0 + 6 + 0.0 = 0.0 6.0 6.0 + 7 + 0.0 = 0.0 +

Total 53.0 24.0 0.0 0.0 + 0.0 77.0 = 0.0 0.0 6.0 6.0 + Check

0.0

EventNo.

= +Cash + A/R +

Prepaid.

Rent+ Supplies

+ Land = = A/P +

Unearned

Rev. +

Sal.

Payable +

Beg. Bal 53.0 24.0 0.0 0.0 + 0.0 77.0 = 0.0 0.0 6.0 6.0 + 1 (6.0) (6.0) (6.0) (6.0)2 (12.0) 12.0 0.0 0.03 18.0 18.0 18.0 18.04 (0.8) (0.8) 0.8 0.85 96.4 96.4 0.06 105.0 (105.0) 0.0 0.07 (32.0) + (32.0) = 0.0 + 8 + 0.0 = 21.0 21.0 + 9 (18.2) + (18.2) = (18.2) (18.2) +

10 (79.5) + 79.5 0.0 = 0.0 0.0 +11 (21.0) + (21.0) = 0.0 + 12 + 0.0 = 0.0 +

Total 6.5 15.4 12.0 0.0 + 79.5 113.4 = 3.6 18.0 0.0 21.6 + Check

19.4

ssets Liability

2011

2010

Total

Assets

Total

Liabil

ity

C

S

Total

Liabil

ity

C

S

BALANCE SHEET

Liability

Horizontal FBALANCE SHEET

ssets

Total

Assets


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2010 2011 2012Service Revenue 84.0$Operating Expenses (18.0)

Net Income 66.0$ -$ -$

2010 2011 2012Beginning Common Stock -$

Plus: Common Stock Issued 5.0

Ending Common Stock 5.0$ -$ -$

Beginning Retained Earnings -$Plus: Net Income 66.0Less: Dividends 0.0Ending Retained Earnings 66.0$ -$ -$Total Stockholders' Equity 71.0$ -$ -$

2010 2011 2012Assets

Cash 53.0$Accounts Receivable 24.0Supplies 0.0Prepaid Rent 0.0Land 0.0

Total Assets 77.0$ -$ -$

LiabilitiesAccounts Payable/Note Payable -$Unearned Revenue 0.0Salaries Payable 6.0

Total Liabilities 6.0$ -$ -$

Stockholders' EquityCommon Stock 5.0$

Retained Earnings 66.0Total Stockholders' Equity 71.0$ -$ -$Total Liabilities and Stockholders' Equity 77.0$ -$ -$

2010 2011 2012Cash Flows from Operating Activities

Cash Receipts from Customers 60.0

Cato Consultants

Canto Consultants

Income Statements

Statement of Cash Flows

For the Years Ended December 31

For the Years Ended December 31,

Cato ConsultantsBalance Sheets

As of December 31

Cato ConsultantsStatement of Changes in Stockholders' Equity



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Cash Payments for Operating Expenses (12.0)Net Cash Flow from Operating Activities 48.0 0.0 0.0

Cash Flows for Investing ActivitiesCash Payment to Purchase Land 0.0 0.0 (9.0)

Cash Flows from Financing ActivitiesCash Receipts from Issuing Common Stock 5.0Cash Receipts from Borrowed Funds

Cash Payments to Reduce DebtCash Payments for DividendsNet Cash Flow from Financing Activities 5.0 0.0 0.0

Net Change in Cash 53.0 0.0 (9.0)Plus: Beginning Cash Balance 0.0Ending Cash Balance 53.0 0.0 (9.0)


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Cash Flows for Investing ActivitiesCash Payment to Purchase Land - (79,500)

Cash Flows from Financing ActivitiesCash Receipts from Issuing Common Stock 5,000 2,000Cash Payments for Dividends - (21,000)

Net Cash Flow from Financing Activities 5,000 (19,000)

Net Change in Cash #REF! #REF!

Plus: Beginning Cash Balance - 53,000Ending Cash Balance #REF! #REF!


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Cammeron 42.4$ 46.6$ 4.2$ 9.9%

Diller 9.9 12.8 2.9 29.3%


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EventNo.

= Liability +

Cash + Land = Note.Payable + Com. Stk + Rev. - Exp. = Net Inc. FA + IA

2010 Net Inc. - DividendsBeg. Bal + = + + - - = 0.0 +

1 + = + + - - = 0.0 + 2 + = + + - - = 0.0 + 3 + = + + - - = 0.0 + 4 + = + + - - = 0.0 + 5 + = + + - - = 0.0 + 6 + = + + - - = 0.0 + 7 + = + + - - = 0.0 +

Total 0.0 + 0.0 = 0.0 + 0.0 + 0.0 - 0.0 0.0 - 0.0 = 0.0 0.0 + Check 0.0 0.0 0.0

0.0EventNo.

= Liability +Cash + Land = Note.Payable + Com. Stk + Rev. - Exp. = Net Inc. FA + IA

2011 Net Inc. - DividendsBeg. Bal + 0.0 = + + - - = 0.0 +

1 + = + + - - = 0.0 + 2 + = + + - - = 0.0 + 3 + = + + - - = 0.0 + 4 + = + + - - = 0.0 + 5 + = + + - - = 0.0 + 6 + = + + - - = 0.0 + 7 + = + + - - = 0.0 +

Total 0.0 + 0.0 = 0.0 + 0.0 + 0.0 - 0.0 0.0 - 0.0 = 0.0 0.0 + Check 0.0 0.0 0.0

0.0

EventNo.

= Liability +Cash + Land = Note.Payable + Com. Stk + Rev. - Exp. = Net Inc. FA + IA

2012 Net Inc. - DividendsBeg. Bal + = + + - - = 0.0 +

1 + = + + - - = 0.0 + 2 + = + + - - = 0.0 + 3 + = + + - - = 0.0 + 4 + = + + - - = 0.0 + 5 + = + + - - = 0.0 + 6 + = + + - - = 0.0 + 7 + = + + - - = 0.0 +

Total 0.0 + 0.0 = 0.0 + 0.0 + 0.0 - 0.0 0.0 - 0.0 = 0.0 0.0 + Check 0.0 0.0 0.0

0.0

Ret. Earn.

Ret. Earn.

BALANCE SHEET IncomeStatementStatem

ssets Stockholders's Equity

Ret. Earn.

BALANCE SHEET IncomeStatementStatem


Horizontal Financial Statements ModelBALANCE SHEET IncomeStatement

Statem



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EventNo.

= Liability +Cash + Land = Note.Payable + Com. Stk + Rev. - Exp. = Net Inc. FA +

2010 Net Inc. - DividendsBeg. Bal + = + + 0.0 - - = 0.0 +

1 9.0 + = + 9.0 + 0.0 - - = 0.0 9.0 +2 5.0 + = 5.0 + + 0.0 - - = 0.0 5.0 +3 4.0 + = + + 4.0 - 4.0 - = 4.0 +4 (2.9) + = + + (2.9) - - 2.9 = (2.9) + 5 (0.5) + = + + 0.0 - 0.5 - = 0.0 (0.5) + 6 + = + + 0.0 - - = 0.0 +7 + = + + 0.0 - - = 0.0 +

Total 14.6 + 0.0 = 5.0 + 9.0 + 1.1 - 0.5 4.0 - 2.9 = 1.1 13.5 +Check 14.6 5.0 9.6

0.0EventNo.


2011 Net Inc. - DividendsBeg. Bal 14.6 + 0.0 = 5.0 + 9.0 + 1.1 - 0.5 - = 0.0 +

1 4.5 + = + 4.5 + 0.0 - - = 0.0 4.5 +2 (2.0) + = (2.0) + + 0.0 - - = 0.0 (2.0) + 3 6.7 + = + + 6.7 - 6.7 - = 6.7 +4 (4.3) + = + + (4.3) - - 4.3 = (4.3) + 5 (0.7) + = + + 0.0 - 0.7 - = 0.0 (0.7) + 6 + = + + 0.0 - - = 0.0 +7 + = + + 0.0 - - = 0.0 +

Total 18.8 + 0.0 = 3.0 + 13.5 + 3.5 - 1.2 6.7 - 4.3 = 2.4 1.8 +Check 18.8 3.0 15.8

0.0

EventNo.


2012 Net Inc. - DividendsBeg. Bal 18.8 + 0.0 = 3.0 + 13.5 + 3.5 - 1.2 - = 0.0 +

1 2.5 + = + 2.5 + 0.0 - - = 0.0 2.5 +2 1.0 + = 1.0 + + 0.0 - - = 0.0 1.0 +3 7.4 + = + + 7.4 - 7.4 - = 7.4 +4 (7.9) + = + + (7.9) - - 7.9 = (7.9) + 5 (0.3) + = + + 0.0 - 0.3 - = 0.0 (0.3) + 6 (9.0) + 9.0 = + + 0.0 - - = 0.0 +7 + = + + 0.0 - - = 0.0 +

Total 12.5 + 9.0 = 4.0 + 16.0 + 3.0 - 1.5 7.4 - 7.9 = (0.5) 3.2 +Check 21.5 4.0 17.5

0.0

Assets Stockholders's Equity

BALANCE SHEET IncomeStatementStat


Ret. Earn.

Ret. Earn.


Ret. Earn.

Horizontal Financial Statements ModelAssets Stockholders's Equity



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2010 2011 2012Assets

Cash 14.6 18.8 12.5

Accounts Receivable 0.0

Supplies 0.0Prepaid Rent 0.0

Land 0.0 0.0 9.0

Total Assets 14.6 18.8 21.5

LiabilitiesAccounts Payable/Note Payable 5.0 3.0 4.0

Unearned Revenue 0.0Salaries Payable 0.0

Total Liabilities 5.0 3.0 4.0

Stockholders' EquityCommon Stock 9.0 13.5 16.0Retained Earnings 0.6 2.3 1.5

Total Stockholders' Equity 9.6 15.8 17.5Total Liabilities and Stockholders' Equity 14.6 18.8 21.5

As of December 31

Video Service CompanyBalance Sheets


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2010 2011 2012Service Revenue 4.0$ 6.7$ 7.4$Operating Expenses (2.9) (4.3) (7.9)

Net Income 1.1$ 2.4$ (0.5)$

Beginning Common Stock -$ 9.0$ 13.5$

Plus: Common Stock Issued 9.0 4.5 2.5

Ending Common Stock 9.0$ 13.5$ 16.0$

Beginning Retained Earnings -$ 0.6$ 2.3$Plus: Net Income 1.1 2.4 (0.5)Less: Dividends (0.5) (0.7) (0.3)

Ending Retained Earnings 0.6$ 2.3$ 1.5$Total Stockholders' Equity 9.6$ 15.8$ 17.5$


Video Service CompanyIncome Statements


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2010 2011 2012Cash Flows from Operating Activities

Cash Receipts from Customers 4.0 6.7 7.4

Cash Payments for Operating Expenses (2.9) (4.3) (7.9)

Net Cash Flow from Operating Activities 1.1 2.4 (0.5)Cash Flows for Investing Activities

Cash Payment to Purchase Land 0.0 0.0 (9.0)

Cash Flows from Financing Activities

Cash Receipts from Issuing Common Stock 9.0 4.5 2.5Cash Receipts from Borrowed Funds 5.0 0.0 1.0Cash Payments to Reduce Debt (2.0) 0.0Cash Payments for Dividends (0.5) (0.7) (0.3)

Net Cash Flow from Financing Activities 13.5 1.8 3.2

Net Change in Cash 14.6 4.2 (6.3)Plus: Beginning Cash Balance 0.0 14.6 18.8

Ending Cash Balance 14.6 18.8 12.5

For the Years Ended December 31,

Video Service CompanyStatement of Cash Flows


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Cash Flows for Investing ActivitiesCash Payment to Purchase Land - (79,500)

Cash Flows from Financing ActivitiesCash Receipts from Issuing Common Stock 5,000 2,000Cash Payments for Dividends - (21,000)

Net Cash Flow from Financing Activities 5,000 (19,000)

Net Change in Cash #REF! #REF!

Plus: Beginning Cash Balance - 53,000Ending Cash Balance #REF! #REF!


27/27

Cammeron 42.4$ 46.6$ 4.2$ 9.9%

Diller 9.9 12.8 2.9 29.3%

Documents

Copy of Copy of RCS+VSC+CatoConsultants - Horizontal + Vertical Models -Chapter 1 &2.Xlsx-Solutions v2