CAN SOMEONE PLEASE HELP ME WITH PART A? I AM STUCK. THANK YOU. I HAVE SUBMITTED THIS QUESTION TWICE, BUT HAVENT RECEIVED

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CAN SOMEONE PLEASE HELP ME WITH PART A? I AM STUCK. THANK YOU. I HAVE SUBMITTED THIS QUESTION TWICE, BUT HAVENT RECEIVED

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CAN SOMEONE PLEASE HELP ME WITH PART A? I AM STUCK.
THANK YOU. I HAVE SUBMITTED THIS QUESTION TWICE, BUT HAVENT
RECEIVED ASSISTANCE WITH THIS PORTION.
Excel Project Assignment Instructions
Overview
Assume ABC Company has asked you to not only prepare their 2017
year-end Balance Sheet but to also provide pro-forma financial
statements for 2018. In addition, they have asked you to evaluate
their company based on the pro-forma statements with regard to
ratios. They also want you to evaluate 3 projects they are
considering. Their information is as follows:
End of the year information:
Account
12/31/17
Ending Balance
Cash
50,000
Accounts Receivable
175,000
Inventory
126,000
Equipment
480,000
Accumulated Depreciation
90,000
Accounts Payable
156,000
Short-term Notes Payable
12,000
Long-term Notes Payable
200,000
Common Stock
235,000
Retained Earnings
solve
Additional Information:
ABC Company’s management is also considering 3 new projects
consisting of the purchase of new equipment. The company has
limited resources, and may not be able to complete make all 3
purchases. The information is as follows for the purchases
below:
Project 1
Project 2
Project 3
Purchase Price
$80,000
$175,000
$22,700
Required Rate of Return
6%
8%
12%
Time Period
3 years
5 years
2 years
Cash Flows – Year 1
$48,000
$85,000
$13,000
Cash Flows – Year 2
$36,000
$74,000
$13,000
Cash Flows – Year 3
$22,000
$38,000
N/A
Cash Flows – Year 4
N/A
$26,800
N/A
Cash Flows – Year 5
N/A
$19,000
N/A
Instructions
Part A:
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