FIN 370 Week 3 Individual Assignment - Chapter Study Questions

FIN 370 Week 3 Individual Assignment - Chapter Study Questions

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Chapter Study Questions 1 Week 3 Case Study and Text Problems University of Phoenix FIN/370 – Finance for Business
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Chapter Study Questions 2
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Chapter Study Questions 1 Week 3 Case Study and Text Problems Chapter 4: Study Problem 4-6A a) Prepare a cash budget for Sharpe covering the first seven months of 2004. Worksheet November December January February March April May June July Sales $220,000 $175,000 $90,000 $120,000 $135,000 $240,000 $300,000 $270,000 $225,000 Collections: Month of sale (10%) $9,000 $12,000 $13,500 $24,000 $30,000 $27,000 $22,500 First month (60%) $105,000 $54,000 $72,000 $81,000 $144,000 $180,000 $162,000 Second month (30%) $66,000 $52,500 $27,000 $36,000 $40,500 $72,000 $90,000 Total Collections $180,000 $118,500 $112,500 $141,000 $214,500 $279,000 $274,500 Purchases $72,000 $81,000 $144,000 $180,000 $162,000 $135,000 $90,000 $75,000 Payments (one month lag) $72,000 $81,000 $144,000 $180,000 $162,000 $135,000 $90,000 CASH BUDGET Cash Receipts Collections (see above)
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This note was uploaded on 02/21/2011 for the course FIN 370 taught by Professor Unknown during the Spring '08 term at University of Phoenix.

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FIN 370 Week 3 Individual Assignment - Chapter Study Questions

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