From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.
4257what is the weight of 8mm dia steel with 1 meter length. Is there any formula to calculate the weight for any given diameter
48 334258Post New D M Systems Interview Questions
How does session work in asp net?
You are a contract project manager for a wholesale flower distribution company. Your project is to develop a website for the company that allows retailers to place their flower orders online. You will also provide a separate link for individual purchases that are ordered. This project involves coordinating the parent company, growers, and distributors. You are preparing a performance review and have the following measurements at hand: PV = 300; AC = 200; and EV = 250. What is the CPI of this project? A. 0.80 B. 1.25 C. 1.5 D. 0.83
MEANING OF RED HERRITING
How can I open ashx file in mobile?
How are observers and callbacks different from each other?
What is a spark standalone cluster?
How does caching affect performance testing results?
What is contextual selector?
suppose data is copie to oracle to sql by using DTS. Actully it taken 2 hours. suppose some day distribute the server in the middle of 2 hours. after how can i get the data ?
Difference between operational and programmer errors in node js?
What are the essential elements of CAPM?
Is map a data structure?
What is the purpose of ms powerpoint 2010?
What is a string what operation can be performed out with the help of a string?
How can I learn python?