User Account

All Pages

Cash Budget, Corporate Finance

Assignment Help:
Analyse the budget shown below, and discuss any issues raised regarding cash flow and legal requirements. Suggest at least three alternative courses of action the organisation could take to help overcome the issues identified. For the purpose of this exercise, please assume that the organisation has an agreed overdraft of £750,000 with its bankers.

Task 4 exercise:

Jan
Feb March April May June
Receipts: £000 £000 £000 £000 £000 £000

Sales Receipts
2110 2156 2164 2219 2284 2444

Proceeds from loan
4000

Total Receipts
6110 2156 2164 2219 2284 2444

Payments: £000 £000 £000 £000 £000 £000

Material Purchases
718 733 757 777 822 880

Wages
600 600 550 550 550 450

Fixed Costs
700 700 710 710 715 715

Lease of new building
200 200 200 200 200

Advertising fees
120 120 120 130

Corporation tax
650

Capital expenditure
2750

Loan repayment
450 450 450

Total payments
2018 2353 5087 2807 2867 3345


Net cash flow
4092 (197) (2923) (588) (583) (901)

Opening bank balance
185 4277 4080 1157 569 (14)

Closing Bank Balance
4277 4080 1157 569 (14) (915)

Related Discussions:- Cash Budget

Prepare a memo and journal, 1. You are working as an accountant for ABC Gro...

1. You are working as an accountant for ABC Group Ltd. Your directors have asked you to prepare the necessary consolidation journal entries for the year ended 30 June 2009 (Narrati

Sensitivity analysis, NPV calculation if we have Initial investment 60000,l...

NPV calculation if we have Initial investment 60000,life is 3 year, net working capital is 15000, sale is 75000 per year, variable cost is 1000 per year, fixed cost is 5000 per yea

#title.Cost of equity and corporate taxesn..., #questioCost of equity and c...

#questioCost of equity and corporate taxesn..

Hw question on IRR, Your firm is contemplating the purchase of a new $791,0...

Your firm is contemplating the purchase of a new $791,000 computer-based order entry system. The system will be depreciated straight-line to zero over its seven-year life. It will

Inventory turnover ratio, Calculate monthly inventory turnover ratio

Calculate monthly inventory turnover ratio

M&A, How would you evaluate a proposed merger?

How would you evaluate a proposed merger?

Report of a questionable, Please l have an assignment and l want to send th...

Please l have an assignment and l want to send the document to you so that you will send it to the Tutors on Chegg to help me with it. Can l send it please?

Rolling budget, what is rolling budgeting?

what is rolling budgeting?

Prepare a basic master budget, The first part requires you to prepare a bas...

The first part requires you to prepare a basic master budget. The general description is provided in Part A, in this document. However the data for the assignment is to be obtained

Debt financing, If the cost of debt is the lowest choice among financing op...

If the cost of debt is the lowest choice among financing options, would increasing our percentage of debt reduce our cost of capital?#

Write Your Message!

Captcha
Order Assignment

Featured Services

Order Now

Popular Subjects

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