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For the	Period	Ending:	2007	2006	2007	2006	Value	A=$100
2009	2007	2006	$Change	$Change	%Change	%Change	Quote	B=$80
Current ratio							Base	C=$60
1.39	1.67	1.91	-0.27	-0.25	-16.44%	-12.95%	Prices	D=$40

Business plan ratios for>SIC Code 7011< >Hotels & Motels<

Percent of sales:	Industry Averages
Cash and cash equivalents	0.15
Short-term investments	0.00
Accounts receivable, net	0.06
Inventories, net	0.05
Total current assets	0.39
Property and equipment (net)	1.77
Goodwill	0.10
Total assets	2.57
Accounts payable	0.04
Total current liabilities	0.56
Total Long Term Debt	1.11
Total liabilities	1.98
Total stockholders’ equity	0.52
Revenues	100%
Cost of sales	0.55
Gross Profit	0.45
Operating Profit	-0.02
Selling, general and administrative	0.34
Depreciation and amortization	0.09
Earning before Taxes	-0.07
Provision for taxes on income	0.00
Net income –loss (After taxes)	-0.07
Net cash provided by operating activities	0.09
Net cash provided (used) in investing activities:	-0.22
Net cash provided (used) in financing activities:	0.15
Interest expenses	0.08
Dividend	0.01

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Why are ratios needed for a business plan?

A) Forecast and projections: To project or forecast financial statements to give to your bank or financial backers and investors or to estimate assets, liabilities and

B) Revenue verification: Verify claimed revenue, expenses and cash flow for a business you are thinking of purchasing.

How are ratios determined for a business plan?

By evaluating the top companies financial statements on form 10K for the current year as filed with SEC. There are over 450 industries to choose from and your industry is among them. It is customary to use net sales and total assets as a base or starting point to estimate the averages.

Note: We can help you prepare the financial summary section of the business plan using industry average. Just let us know when you order. Your industry averages at>>Subscribe.

Percent of total assets:	Industry Averages
Accounts Receivable	0.03
Inventory	0.04
Total Current Assets	0.17
Long-term Assets	0.59
Current Liabilities	0.23
Long-term Liabilities	0.39
Total Liabilities	0.77
Net Worth	0.23
Debt to Net Worth	17.80
Current Liable. to Liable.	0.28

©2009 Published by A. Andrew Harrison CPA P.C (A registered New York State Corp) Love a challenge!