HOW TO PREPARE A CASH BUDGET You are working for Little Feet Inc. and you need to prepare the cash budget for April to J

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How To Prepare A Cash Budget You Are Working For Little Feet Inc And You Need To Prepare The Cash Budget For April To J 1 (67.21 KiB) Viewed 43 times

HOW TO PREPARE A CASH BUDGET You are working for Little Feet Inc. and you need to prepare the cash budget for April to June INFORMATIONS 1) The cash balance March 31, 16 2008 2) The montly sales are: JANUARY FEBRUARY MARCH APRIL MAY JUNE 159,000.00 $ 161,000.00 $ 163,200.00 $ 2% INCREASE FROM THE LAST MONTH 2,5% INCREASE FROM THE LAST MONTH 2,75% INCREASE FROM THE LAST MONTH 3) We estimated that the sales cashing will be: CASH SALES 20% 30 DAYS 60% 60 DAYS 10% 90 DAYS 10% 4) The business is going to buy equipment in June, total value 54 000S 5) The purchase represent 30% of the monthly sales. They are going to be paid cash 6) The payroll represent 19% of the monthy sales