SCHEDULE OF anticipate CASH COLLECTIONS FROM CUSTOMERS:
Credit cut-rate sales statelySeptember
July 12.000
rattling(a) 14.400 9.600
September 10.800
integrality currency Collections26.400 20.400
SCHEDULE FOR EXPECTED PAYMENTS FOR PURCHASE OF INVENTORY
Inventory purchasesAugust September
July 32.500
August 22.500 22.500
September 10.500
Total Payments for Inventory Purchases55.000 33.000
Oxford Company
Cash Budget
For the Two Months of August and September
August September
Cash balance$10.000$10.000
Add: Receipts
Collections from customers26.40020.400
Sale of plant assets12.350
Sale of new common stock16.850
Cash sales51.00039.000
Total acknowledge89.75076.250
Total Available Cash99.75086.250
Less: Disbursements
Purchases of history55.00033.000
Operating expenses6.7506.750
Selling and administrative expenses12.50012.500
Dividends19.000
Equipment purchase6.000
Total disbursements93.250 58.250
wasted (deficiency of available hard cash over disbursements)6.500 28.000
Financing
Borrowings3.
500
Repayments (3.920)
Ending cash balance$10.000 24.080
Answer to the questions
What are the three ingredients of a Cash Budget, and what is included in each section?
The Cash receipts section includes expected receipts from the companys whizz source(s) of cash, such as cash sales and collections from customers on consultation sales. This section also shows anticipated receipts of interest and dividends, and increase from planned sales of investments, plant assets, and the companys capital stock.
The Cash disbursements section shows expected payments for inventory, labor, overhead, and selling and administrative expenses. This section also includes projected payments for income taxes, dividends,...If you want to get a amply essay, order it on our website: Orderessay
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