User Account

All Pages

Receipts and payments account and a cash budget

Assignment Help Finance Basics
Reference no: EM131190369

Lochton Athletics Club is planning an end of season Awards Dinner/Disco.

The following information has been provided.

Disco hire £135

Hire of Venue for event £265

Food/Refreshments per person £15

Price of ticket per person £20

(a) Calculate the number of tickets which the club need to sell for the Awards Dinner/Disco to break even.

(b) Calculate the number of tickets that would have to be sold to make a £250 profit.

(c) Calculate the selling price of the tickets for the event to allow the club to break even if 200 people want to attend.

(d) The club Treasurer prepares a Receipts and Payments Account and a Cash Budget. Suggest 2 other financial statements that could be prepared and explain the information they would provide to members.

Reference no: EM131190369

Questions Cloud

Research the behaviors that constitute psychopathy : Research the behaviors that constitute psychopathy. Discuss in detail the specific behaviors demonstrated by the offender that align with behaviors indicative of a psychopathic individual.
What is excise-service tax : 1. What is Excise & Service Tax? What is the difference? 2. Explain the procedure to calculate Provident Fund, ESI, VAT and Sales Tax.
Construct the phase diagram for the system : Because any other solution of the system would "explode," generating a rather unreasonable trajectory of domestic prices and exchange rates, we will take the saddle path as the equilibrium solution of the model. The reader is asked to solve explic..
Determine the total value of your investment : Determine the total value of your investment. Provide your final opinion / assessment of your investments. Did you make money or lose money? Discuss your results and, based on hindsight, describe what you would do differently.
Receipts and payments account and a cash budget : The club Treasurer prepares a Receipts and Payments Account and a Cash Budget. Suggest 2 other financial statements that could be prepared and explain the information they would provide to members.
What do you think there should be in a sexual assault kit : How would you handle a Sexual Assault Case, from start to finish? Describe the steps. What do you think there should be in a Sexual Assault kit? What should be included in a medical examination in a rape case? How is this procedure different than..
Describe at least three types of accelerometers : Describe at least three types of accelerometers explaining the difference in their operational characteristics and in their applications.
What is the current bond price : App Co. issued 15-year, $1,000 bonds at a coupon rate of 6 percent. The bonds make annual payments. If the YTM on these bonds is 5 percent, what is the current bond price? Show work please
What role does social stigma play in police ethics : Identify and describe ways that terrorism has impacted the police mission in the U.S. Be sure to provide examples. Describe at least two disagreements that exist regarding the appropriate law enforcement behavior to fight terrorism and maintain pe..

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd