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Corporate Finance (FIN622).........Assignment no 1 Due date 17 july ,2017..........Marks : 10

Friends see the Assignment no 1 of Corporate  Finance  ( FIN622) in the Attachment file Thanks 

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Depreciation expenses will not be mentioned in Cash Budget...

yes u are right.

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

Sub August or september ko discuss kr rahy han. July ka ending balance koe ni discuss kr raha ha. Q k july ka ending balance he August ka opening balance hoga or August ka ending balance September ka opening balance hoga.

hum ko Sirf August aur Septmebr ka Cash Budget banana hai...July ki Closing balance laingay sirf jo k August ki opening hogi

Ahnaf...Selling and Admin expense month ki incurrence hai aur 3000 per month increase hai tu August ki 21000 aur Sept ki 24000

Raw material One month credit par hai August main July ki payment hogi 28000 aur Sept main August ki payment hogi 36000

can any one tell me how we start this any format?any solution

WHAT IS THE ANSWER B

ye tu labor n materail july ki hy ye tu kahen nhi likha k isko august main le skte...july ki closing negative hy tu august ki opening bhi negative hogi mera 17000 answer nhi a raha kindly samjha dein

aap july ki calculation karna chor do...July ki Just closing balance as opening balance lay lo...aur assignment ki cerdit terms par lo

IMRAN BHI B KA KYA ANSWER HAI

Pc170201059

Muhammad Imran

03212969922/03008367684

Solution of assignment No 01

FIN 622

Required 01:-

 

Blue Private Limited Company

Cash Budget

For the month ended August & September

 

                                                                                          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

 

Less Expense

 

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   

 

 

 

Required 02:-

             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

                               

                                                  

 

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