
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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problem p4-12
(Principles of Managerial Finance Zutter Smart 15th Edition)


Transcribed Image Text:P4-12 Cash budget: Advanced The Green PLC has projected following unit sales for Janu-
ary 2019 to August 2019. The sales of Green PLC are 30% in cash and the remain-
olloo sd der is on a credit for 1 month. It also expects cash receipts from its subsidiaries
ds ni borall worth £40,000 in March, £26,000 in April, and £27,000 in June.
.000,E
000,0S the following month and the last 40% is paid 2 months later.
202 bos lavn
The firm pays 20% in cash for all its purchases. The remaining 40% is paid i
Month
Sales
Purchases
w bna don0 ni vlno
la ednom auon
p ni big ad livw bns ba
0,2 to senni bos lon
ybiobo
January
February
600,000
400,000
350,000
500,000
March
600,000
450,000
April
alubare b b
500,000
700,000
475,000
May
300,000
June
800,000
450,000
b. Wi
fro
Expl
July
August
750,000
800,000
300,000
350,000
e bud
o iadi
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