Example of a budget, Financial Management

Group Activity

An example of a budget can be seen below. After viewing the budget, identify the possible reasons for the variations.

Budget - Jul / Dec 200X

Item Description

Jul

Aug

Sep

Oct

Nov

Dec

Total

Revenue

 

 

 

 

 

 

 

Sales Commission

22,000

26,000

50,000

55,000

45,000

35,000

233,000

Property Management

8,000

9,000

9,000

9,000

10,000

10,000

55,000

Total Revenue

30,000

35,000

59,000

64,000

55,000

45,000

288,000

 

 

 

 

 

 

 

 

Expenses

 

 

 

 

 

 

 

Rent

4,500

4,500

4,500

4,500

4,500

4,500

27,000

Utilities

800

800

800

800

800

800

4,800

Salaries

22,000

22,000

22,000

22,000

22,000

22,000

132,000

Printing

300

300

300

300

300

300

1,800

Advertising

1,000

1,000

1,500

2,000

1,500

1,500

8,500

Professional Fees

4,000

0

0

1,000

0

0

5,000

Interest on Borrowings

1,000

1,000

1,000

1,000

1,000

1,000

6,000

Total Expenses

34,100

30,100

30,600

32,100

30,600

32,100

185,100

Posted Date: 10/1/2012 4:15:31 AM | Location : United States







Related Discussions:- Example of a budget, Assignment Help, Ask Question on Example of a budget, Get Answer, Expert's Help, Example of a budget Discussions

Write discussion on Example of a budget
Your posts are moderated
Related Questions
International Finance Problem Analyze the attached case, along the lines indicated by the Assignment questions listed at the end of the case.  Since you will have plenty of tim

Advantages of ARR: It is simple to calculate and easy to catch. With the help of this technique, direct comparisons among proposed projected of varying lives with no bu

Expalin the term Company Objectives Financial management is anxious with making decisions about the provision and use of a firm's finances. A rational method to decision-making

Identify and describe three types of start ups firms. Give an example of one you have dealt with. What is a business plan, what are its major components, and why is it important

What is the Trade payable days (turnover) Year-end trade payables/Credit purchases (or cost of sales)x   365days This is the length of time taken to pay suppliers. The rat

Effective Duration and Convexity The modified duration is a measure of the sensitivity of a bond's price to interest rate changes; the assumption made here is that the expected

who are the participants in the hedge funds industries

As the early 1980s, foreign portfolio investors have purchased an important portion of U.S. treasury bond issues. Discuss the short-term and long-term influences of foreigners’ por

name the concept which increases the return on equity shares by changing the capital structure of the co.

Yang Su is considering the following information on two stocks:                                                                              Rate of Return State of Economy