(Mt) – AU Uber Technologies Financial Plan

Attached.Financial PlanUber Technologies Inc. will require about $ 3.8 million to set up everything. The mostsignificant items required to start the business will be; computers, telephone, credit cardmachine, organization website, business registration fee, stationeries, car tracking devices andother furniture are among others (Authority & Britain, 2000). About five million dollars will beneeded in cash to maintain the daily business operations for the duration of one year. The fivemillion will be used in paying wages and rent up to the time the business will begin making someprofits.Projected financial statementsStartup NeedsStartup costsAMOUNT IN $Legal registrations100,000Stationeries300,000Brochures (Advertisement)100,000ConsultantsInsuranceRentExperienced EquipmentTOTAL25,0005,000150,00095,000775,000INCOME STATEMENTRevenuesSales250,000Other services income30,000Total income280,000ExpensesCost of production105,000Depreciation expenses20,000Wages10,000Rent15000Supplies5000Utilities5000Total expenses160,000Net profit120000CASH FLOW STATEMENTNET PROFITS120000CASH FLOW OPERATIONSCash received fromCustomers900000Other operations1000001,120,000CASH PAID FORPurchase for raw materials400000Administration costs100000Income tax paid150000750,000NET CASH FLOW370,000BALANCE SHEETSASSETSCurrent assetsCash3800000Accounts receivables2000000Prepaid rent150000Inventory125000TOTAL6,075000Long term AssetsAccumulated DepreciationBuildingsTOTAL20,0001,600,0001,620,000TOT…

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