{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Acc Session-121011 - Revenues 5000 Other Expenses20000 2000...

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Revenues 5000 Other Expe 2000 Charity Err:522 PBT Err:522 Tax Err:522 PAT Err:522 charity 10% of pat pat 70%(R-E-C) pat= 10C 10C= 0.7(R-E-C) 107C= 7R-7E C= (7R-7E)/107 Charity 196.2617 Using formula
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Base Year 1 Year 2 Year 3 Balance Sheet Assets Cash 13288 41520 54262 94816 earlier we had calculated cash balance as total assets-total liabilities. But, we need to calculate cash flow & then plug in the figures Receivables 76712 80500 84600 88800 Inventory 80000 84000 88200 92610 Total CA 170000 206020 227062 276226 PPE 200000 220000 220000 220000 Acc Dep 40000 62000 84000 106000 Net 160000 158000 136000 114000 Total Assets 330000 364020 363062 390226 Liabilities Payables 40000 41900 44000 46200 this is calculated basis cost of goods sold OCL 5000 5000 5000 5000 Total CL 45000 46900 49000 51200 LT Debt 130000 145000 120000 120000 Capital(10000 @ Rs 10) 100000 100000 100000 100000 RE 55000 72120 94062 119026 Total Equity 155000 172120 194062 219026 Total Liabilities 330000 364020 363062 390226 Income Statement Assumptions Sales 800000 840000 882000 926100 Sales Growth 5% 5% 5% COGS 520000 546000 573300 601965 Gross Margin 35% 35% 35% Gross Margin 280000 294000 308700 324135 Collection Period(Days) 35 35 35 Inventory Turnover 6.5 6.5 6.5 Inventory Velocity 1.846154 this is the no. of months for which inventory remains with you until it is sold Wages 40000 41800 43681 45647 Payables Period(Days) 28 28 28 56.15385 this is the no. of days for which inventory remains with you until it is sold
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern