BGP Electrical Supply is developing its annual financial statements at December 31, current year. The statements are complete except for the statement of cash flows. The completed comparative balance sheets and income statement are summarized: Current Year Prior Year Balance sheet at December 31 $ 39,900 36,800 44 ,000 126,100 (34,700) $212,100 $ 40,700 3,700 48,000 $ 31,900 31,800 41,000 103,300 (27,300) $180,700 $ 32,100 4,100 55,100 74,900 14,500 $180,700 Cash Accounts receivable Merchandise inventory Property and equipment Less: Accumulated depreciation Accounts payable Accrued wages expense Note payable, long-term Common stock and additional paid-in capital Retained earnings 94,900 24,800 $212,100 Income statement for current year Sales $139,000 89,000 Cost of goods sold Other expenses 39,700 Net income $ 10,300 Additional Data: a. Bought equipment for cash, $22,800. b. aid $7,100 on the long-term note payable. c. Issued new shares of stock for $20,000 cash. d. No dividends were declared or paid. e. Other expenses included depreciation, $7,400; wages, $20,700; taxes, $6,900; other, $4,700. f. Accounts payable includes only inventory purchases made on credit. Because there are no liability accounts relating to taxes or other expenses, assume that these expenses were fully paid in cash.

Statement of cash flow for the following: The comparative balance sheet of Whitman Co. at December 31, 20Y2 and 20Y1, is as follows:   1   Dec. 31, 20Y2 Dec. 31, 20Y1 2 Assets     3 Cash $918,000.00 $964,800.00 4 Accounts receivable (net)   828,900.00 761,940.00 5 Inventories 1,268,460.00 1,162,980.00 6 Prepaid expenses 29,340.00 35,100.00 7 Land 315,900.00 479,700.00 8 Buildings 1,462,500.00 900,900.00 9 Accumulated depreciation-buildings (408,600.00) (382,320.00) 10 Equipment 512,280.00 454,680.00 11 Accumulated depreciation-equipment (141,300.00) (158,760.00) 12 Total assets $4,785,480.00 $4,219,020.00 13 Liabilities and Stockholders’ Equity     14 Accounts payable (merchandise creditors) $922,500.00 $958,320.00 15 Bonds payable 270,000.00 0.00 16 Common stock, $25 par  317,000.00 117,000.00 17 Paid-in capital in…

What findings can you give about these FINANCIAL PROJECTIONS below. (Feasibilty Study)

Blue Circle Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, 20Y2 Dec. 31, 20Y1 Accounts receivable $14,000 $13,400 Inventory 70,500 71,200 Accounts payable 11,900 10,600 Dividends payable 15,000 16,000 Adjust net income of $74,900 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.