harrison

harrison - Net cash flows 47000 44500 Beginning Balance...

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October November Cash sales Credit Sales 60000 80000 One month 45000 60000 Two months 15000 20000 Cash purchases Credit purchases 30560 34580 Payroll Mortagage Insurance Taxes Cash inflows Cash sales Collections Outflows Cash purchases Credit purchases Payroll Mortagage Insurance Taxes
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Net
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December 20590 75000 2489 28650 33456.5 5000 December 20590 60000 15000 $95,590 2489 34580 33456.5 5000 0 0 75525.5
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$20,064.50
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Question 2 Harrison Ski Resort has projected its sales for the first 8 month of 200 Total Sales January $120,000 April $300,000 July February $140,000 May $275,000 August March $120,000 June $200,000 November December January February Total Sales 220000 175000 120000 140000 Cash 50% 60000 70000 1mth 20% 44000 35000 24000 28000 2mth 30% 66000 52500 36000 42000 COGS 60% 132000 105000 72000 84000 Cash inflows January February Cash sales 60000 70000 1mth collections 35000 24000 2 mth collections 66000 52500 Total inflows 161000 146500 Outflows cash purchases 20000 20000 Rent 10000 10000 Taxes COGS (Acct payables) 84000 72000 Total outflows 114000 102000
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Unformatted text preview: Net cash flows 47000 44500 Beginning Balance 22000 69000 Ending Balance 69000 113500 Min Balance 20000 20000 04 as follows: $200,000 $180,000 March April May June July August 120000 300000 275000 200000 200000 180000 60000 150000 137500 100000 100000 90000 24000 60000 55000 40000 40000 36000 36000 90000 82500 60000 60000 54000 72000 180000 165000 120000 120000 108000 March April May June July August 60000 150000 137500 100000 100000 90000 28000 24000 60000 55000 40000 40000 36000 42000 36000 90000 82500 60000 124000 216000 233500 245000 222500 190000 20000 20000 20000 20000 20000 20000 10000 10000 10000 10000 10000 10000 22500 22500 180000 165000 120000 120000 108000 232500 195000 150000 172500 138000-108500 21000 83500 72500 84500 113500 5000 26000 109500 182000 5000 26000 109500 182000 266500 20000 20000 20000 20000 20000...
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This note was uploaded on 03/07/2011 for the course HFT 4486 taught by Professor Brier during the Spring '07 term at FIU.

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harrison - Net cash flows 47000 44500 Beginning Balance...

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