Q12

Dec
Sales
monthly material purchase
(50% of material cost pay in month
(50% of material cost pay in next month)
Total materia cost
labour costs
overhead
Interest payment
3% Commission of total sales for 6 months
Total Payment

6,000

Q13
Nov
Sales
Cash sales @ 60%
Credit sales @ 40%
20% of credit sales paid in month after sales
80% of credit sales pain in 2nd month
Total cash receipt

260,000
156,000
104,000

Sales
Material Cost @ 20% of sales
Labour expense 50% of sales
Selling & admin. Expenses @ 15%
Overhead
Taxes
Dividends
Total cash payment

Jan
Total cash receipts
Total Cash payment

350,400
379,600

Net cash flow

Beginning cash
Culmulative cash balance
Monthly loan
Ending cash balance
Cumulative loan balance

29,200
92,000
62,800
24,200
87,000
24,200

Denver Corporation
Cash Payment schedule
Jan

feb

mar

apr

may

15,000
6,800
3,400
3,000
6,400
4,500
4,500

17,000
7,600
3,800
3,400
7,200
4,500
4,500

19,000
10,000
5,000
3,800
8,800
4,500
4,500
3,500

25,000
6,000
3,000
5,000
8,000
4,500
4,500

15,000
8,400
4,200
3,000
7,200
4,500
4,500

15,400

16,200

21,300

17,000

16,200

Dec
340,000
204,000
136,000
20,800

Harry's Carryout Stores

Cash Receipts Schedule
Jan
Feb
Mar
Apr (forecast)
400,000
440,000
410,000
400,000
240,000
264,000
246,000
240,000
160,000
176,000
164,000
160,000
27,200
32,000
35,200
32,800
83,200
108,800
128,000
350,400
404,800
409,200
Harry's Carryout Stores
Cash Payments Schedule
Jan
Feb
Mar
400,000
440,000
410,000
80,000
88,000
82,000
200,000
220,000
205,000
60,000
66,000
61,500
31,000
31,000
31,000
8,600
5,000
379,600
405,000
384,500

Harry's Carryout Stores

Cash Budget
Feb
Mar
404,800
409,200
405,000
384,500

200
87,000
86,800
200 87,000
24,400

24,700
87,000
111,700
24,700
87,000

jun

july
21,000
9,200
4,600
4,200
8,800
4,500
4,500
3,500
3,360
24,660

(forecast)

23,000
4,600
4,600
4,500
4,500

13,600