Laserfiche WebLink
IP FINANCIAL OVERVIEW <br /> Following is a summary of the projected sales and profitability of the company: <br /> YEAR SALES NET INCOME BEFORE TAXES <br /> Year 1 $ 453,500 $128,240 <br /> Year 2 $1,632,600 $361,300 <br /> Year 3 $2,892,900 $938,265 <br /> Debt-to-Net Worth Ratio <br /> The beginning debt-to-net worth ratio is 2.24:1. <br /> Current Ratio <br /> The beginning current ratio is 18.61:1. <br /> Cash Flow Analysis <br /> The cash flow coverage ratio based upon 1996 and 1997 projections is 6.35:1 <br /> and 16.28:1, respectively. <br /> COLLATERAL ANALYSIS <br /> The collateral offered to secure this loan includes equipment and future <br /> accounts receivable. <br /> Beginning Collateral Analysis <br /> Equipment $ 70,800 <br /> TOTAL COLLATERAL AVAILABLE $ 70,800 <br /> Less: Bank/SBA Loan (50.000) <br /> EXCESS COLLATERAL $ 20.800 <br />