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Friends see the Assignment no 1 of Corporate Finance ( FIN622) in the Attachment file Thanks
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Koi Solution de ga
Solution of assignment No 01
Blue Private Limited Company
For the month ended August & September
Opening balance 6000 17000
Estimated sales on cash 60000 69000
Last month A/R sales on credit 40000 60000
Last month A/R on sale of old labeling machine 29000
Total cash in hands 106,000 166,000
A/P Raw material Expense for last month 28,000 36,000
A/P Labor cost for last month 40,000 50,000
Selling and admin expense 21,000 24,000
--------- 89,000 -------- 110,000
Cash balance for the month of 17,000 56,000
According to the cash budget statement cash balances are 17,000 & 56,000 respectively for the month of August and September which are greater than 15,000 therefore borrow the deficit is not required for the company. Because the requirement is
In case, if minimum cash balance for each month is less than Rs. 15,000, the company will be required to borrow the deficit at the rate of 10%
annually from the bank
the Closing balances are comming in surplus..
for the month of August 17000 and September 65000.
Am i doing it right.
A.o.a dear mine august 19000 ? please tell me how you calculate
17000 kaha sa aya ?
first ka maira 17000 ni ata and 2nd September ki sales 138000 hain 129000 ni
Kal INSH ALLAH shaam ko Online hojayen Plz to discuss these few differences..
KIA AP SOLUTION SHARE KR SKTAY HAIN?...............
APP nay September ki 50 % Cash sale aur 60000 August ki Credit Sale ko plus karna hai,,,,,aur 29000 sales of asset bhi add karlain phir dekhain zara
or expenses kn sa hn gy august ka?
Raw material cost is expected to be increased by Rs. 8,000 each month.
Selling and administrative expenses will increase by Rs. 3,000 per month. this statement mean ?
you share plz amount calculation of august and september?
MUJHE LABOR COST RAW MATERIAL EXPENSE AND SELLING ADMN EXP KI SAMAJH NHI A RHI ....HAAN DEKH LIYA VIDEO LECTURE MAIN ..DEP NOT INCLUDED CASH BUDGET
...LABOR AND MATERIAL ARE CREDITED FOR ONE MONTH
MEANS THEY WILL NOT INCLUDE IN AUGUST AND SELLING ADMN EXPENSE INCREASED 3000 EACH MONTH MEANS 21000 IN AUGUST AND 24000 IN SEPTEMBER...AGR THEEK NHI KEH RHI TU CORRECT ME PLEASE
...17000 KAISE ATA HY