Answer Happy

Below you see the income budget for Company Inc. Use the information to fill in the cash flow budget and answer the questions. (20p) Beginning cash balance 5600 € Accounts payable from the previous year 5 750 € and accounts receivable from the previous year 8 900 €. Half of the sales are credit sales with the payment time of 30 days. The other hall is in cash. Sales and purchases are divided equally on all the days of the period. NOTE! All months are cakulated with 30 days. Payment time for the purchases is 30 days Salaries are 4500 /month Rent is 2 500 €/month In the beginning of the year the company has a bankloan of 25 000 €. Interest is payed in March 500 , in September 500 and in December 500€, At the same time with paying the interest we amortize the loan with 1000€. Investments in new machinery is done in January 1 250 € and in September 2850 €. If we don't have enough money we can get a short-term loan from the bank. Always round up to the next 1000 €. The loan is payed back as soon as we have the money - The owner makes a private withdrawal 1 500 € each month Income budget January March April June July-September October December Sales 46 Purchase 21.12 Contribution marg 26880 36 15,84 20160 48 21,12 26880 42 18.48 23520 Sales Real Detection Intel Tiedot uted result Anillo by: Septemberber December CASHFLOW BUDY. March Beginning cash belgie Sales A. Riva Lanchermi Total Pus A Payable Salaries Roni Inst Amino Invest Private withdrawal Amino Total Netcash flow How much loan does the company have at the end of the year! How much accounts receivable does the company have at the beginning of next year How much accounts payable does the company have at the beginning of next year!