P4-12 Cash budget: Advanced The Green PLC has projected following unit sales for Janu- ary 2019 to August 2019. The sales of Green PLC are 30% in cash and the remain- olloo sd der is on a credit for 1 month. It also expects cash receipts from its subsidiaries ds ni borall worth £40,000 in March, £26,000 in April, and £27,000 in June. .000,E 000,0S the following month and the last 40% is paid 2 months later. 202 bos lavn The firm pays 20% in cash for all its purchases. The remaining 40% is paid i Month Sales Purchases w bna don0 ni vlno la ednom auon p ni big ad livw bns ba 0,2 to senni bos lon ybiobo January February 600,000 400,000 350,000 500,000 March 600,000 450,000 April alubare b b 500,000 700,000 475,000 May 300,000 June 800,000 450,000 b. Wi fro Expl July August 750,000 800,000 300,000 350,000 e bud o iadi
P4-12 Cash budget: Advanced The Green PLC has projected following unit sales for Janu- ary 2019 to August 2019. The sales of Green PLC are 30% in cash and the remain- olloo sd der is on a credit for 1 month. It also expects cash receipts from its subsidiaries ds ni borall worth £40,000 in March, £26,000 in April, and £27,000 in June. .000,E 000,0S the following month and the last 40% is paid 2 months later. 202 bos lavn The firm pays 20% in cash for all its purchases. The remaining 40% is paid i Month Sales Purchases w bna don0 ni vlno la ednom auon p ni big ad livw bns ba 0,2 to senni bos lon ybiobo January February 600,000 400,000 350,000 500,000 March 600,000 450,000 April alubare b b 500,000 700,000 475,000 May 300,000 June 800,000 450,000 b. Wi fro Expl July August 750,000 800,000 300,000 350,000 e bud o iadi
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter8: Budgeting For Planning And Control
Section: Chapter Questions
Problem 34E: A companys sales for the coming months are as follows: About 20 percent of sales are cash sales, and...
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(Principles of Managerial Finance Zutter Smart 15th Edition)
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