(Answered)-Hi, I was not given instructions on how to solve this problem. I

Hi,

I was not given instructions on how to solve this problem. ?I don't know which numbers are to be used to calculate materials purchased. Is it 50 % of a combination of November and December's combined total collections? ?How is interest calculated? Am I to calculate 10% of capital expenditures and dividends or just enter 10%? ?Is there a spreadsheet guide that I can purchase that has these answers for how to complete the rest of the form? ?Any assistance would be appreciated.

Precision Machines

 

Student Note: Fill in the light yellow cells

 

Data:

 

Annual Cost of borrowing

 

Minimum Cash Balance

 

Beginning Cash Balance

 

Revenues (Sales)

 

 

Cash Collections

 

First Month (30%)

 

Second Month (35%)

 

Third Month (35%)

 

Total Collections

 

Cash Disbursements

 

Material Purchases

 

Salaries

 

Wages

 

Other Expenses

 

Capital Expenditure

 

Dividends

 

Interest

 

Total Disbursements

 

Cash flows

 

Net cash flows

 

Cumulative cash flows

 

Minimum Cash Balance

 

Cash Surplus or (Deficit)

 

 

Recommendations:

 

 

November

 

 

December

 

 

January

 

 

February

 

 

$40,000.00

 

 

$50,000.00

 

 

$48,000.00

 

 

$55,000.00

 

 

November

 

$12,000.00

 

 

December

 

$15,000.00

 

14,000.00

 

 

$ 12,000.00

 

 

$ 29,000.00

 

 

10.00%

 

$5,000.00

 

$7,500.00

 

 

January

 

February

 

$14,400.00 $16,500.00

 

17,500.00

 

14,400.00

 

14,000.00

 

17,500.00

 

$ 45,900.00 $ 48,400.00

 

 

$14,500.00

 

6,000.00

 

3,000.00

 

 

6,000.00

 

3,500.00

 

 

March

 

 

April

 

 

May

 

 

June

 

 

$35,000.00

 

 

$50,000.00

 

 

$65,000.00

 

 

$40,000.00

 

 

March

 

April

 

May

 

June

 

$27,000.00 $15,000.00 $19,500.00 $12,000.00

 

19,250.00

 

27,000.00

 

15,000.00

 

22,750.00

 

14,400.00

 

19,250.00

 

27,000.00

 

15,000.00

 

$ 60,650.00 $ 61,250.00 $ 61,500.00 $ 49,750.00

 

 

6,000.00

 

3,000.00

 

 

6,000.00

 

3,200.00

 

 

45,000.00

 

1,000.00

 

 

6,000.00

 

3,500.00

 

 

6,000.00

 

3,000.00

 

 

1,000.00

 

4,600.00

 

 



 

---

Solution details:

About this Question

STATUS

Answered

QUALITY

Approved

DATE ANSWERED

Oct 07, 2020

EXPERT

Tutor

ANSWER RATING

GET INSTANT HELP/h4>

We have top-notch tutors who can do your essay/homework for you at a reasonable cost and then you can simply use that essay as a template to build your own arguments.

You can also use these solutions:

• As a reference for in-depth understanding of the subject.
• As a source of ideas / reasoning for your own research (if properly referenced)
• For editing and paraphrasing (check your institution's definition of plagiarism and recommended paraphrase).

This we believe is a better way of understanding a problem and makes use of the efficiency of time of the student.

NEW ASSIGNMENT HELP?

Order New Solution. Quick Turnaround

Click on the button below in order to Order for a New, Original and High-Quality Essay Solutions. New orders are original solutions and precise to your writing instruction requirements. Place a New Order using the button below.

WE GUARANTEE, THAT YOUR PAPER WILL BE WRITTEN FROM SCRATCH AND WITHIN A DEADLINE.