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(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

 


 

 


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DATE ANSWERED

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