QUESTION 2 Dash Ltd had actual sales in November of R100 000 and projected sales in December and January of R300 000 and R400 000 respectively. 10% of sales are collected during the month of sale, 40% are collected in the month following the month of sale and the balance is collected two months following the sale. The firm’s total expected receipts in January are ... R 70 000. R108 000. R210 000. R610 000.

Q: Air corporation has the following projected sales: P958,450.00 (October) P1,001,515.00 (November)…

A: Cash budget is one of the important budget being prepared in the business. It shows expected cash…

Q: 13. JAO Company sells a product for P6 per unit. Fixed expenses total P37,500 per month and variable…

A: Selling price per unit = P 6 Variable cost per unit = P 2 Number of units = N Sales = 6*N = 6N Fixed…

Q: A company expects the following sales for the coming year: ​ ​ ​ 1st Quarter 2nd Quarter 3rd…

A: Formula: Sales value = Units x average selling price Multiplying units with average selling price…

Q: 2. HAIDEECompany sells a product for P6 per unit. Fixed expenses total P37,500 per month and…

A: The number of units required to achieve desired profit can be calculated with the help of CVP…

Q: QUESTION 1 Below is the information for Clean Bio Sdn. Bhd.: a) Clean Bio's projected sales for the…

A: The question is related to the Cash Budget. Cash Budget is a summary of cash receipts and cash…

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A: A cash budget is prepared to estimate the total cash received and total cash disbursement. It is…

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A: Sales amount :- July = 50,000 x 14 = $700,000 August = 40,000 x 14 = $560,000 September = 60,000 x…

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A: To find out the cash flow from operations, the calculations have been shown in the next sheet:

Q: Danner Inc. has projected sales to be $100,000 in June, $90,000 in July, and $70,000 in August.…

A: Answer) Calculation of Total cash collections in August    Amount  Collections in August:…

Q: Problem 6 Fruitcake Specialists sells 36,000 fruit cakes annually. Annual carying costs are P5 per…

A: Since you have posted a question with multiple sub-parts, we will solve the first three subparts for…

Q: Q1// A company estimates that it will sell 12000 units of its product for the forthcoming year. the…

A: Inventory: It is the stock of goods that, in all form, the company holds at a point of time. The…

Q: Castle Company had sales of $60,000 in December 2001. Sales for the first three months of 2002 are:…

A: “Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: Forecast Sales $200,000 $160,000 $180,000 $45,000 Jan Feb Mar Apr Balance Sheet Data December…

A: The budget indicates the forecasting made by the management after analyzing the past performances…

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A: As posted multiple independent questions we are answering only first question kindly repost the…

Q: A Company has the following sales 2,000 in January, 2,200 in February, 2,800 in April and 3,000 in…

A: Production in the month of March = Total Sales - (Sales in Jan + Sales in Feb + Sales in April +…

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A: Formula: Cash collection amount : Credit sales x cash collection %

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A: Note: Since you have posted a question with multiple sub-parts, we will solve the first three…

Q: P 50,000 75,000 300,000 400,000 550,000 November April Мay June July P925,000 725,000 475,000…

A: Hi student Since there are multiple subparts, we will answer only first three subparts.

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A: As there are multiple questions are ther, but as per answering guidelines we do only first one.

Q: 3. Al Anwar ceramics, Oman estimated the sales as follows June – 2,000 units July - 3,000 units…

A: The budget is prepared on the basis of estimated data for the period.  The sales budget is prepared…

Q: Month Total Sales January February R550 000 R500 000 March R480 000 April May June R400 000 R425 000…

A: Budgeting: It is a process of planning the work to be performed. Under this process a formal plan is…

Q: 7.4 ale The following are forecasts of sales and purchases for a company. Sales P80,000 90,000…

A: Schedule of Receipts and Disbursements

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A: “Hi There, Thanks for posting the questions. As per our Q&A guidelines, must be answered only…

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A: The question is based on the concept of Cost Accounting.

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A: Net Sales = Gross Sales less Sales Discount and Allowances

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A: Budget means the expected value of future. Budget is not affected by the actual value as it is…

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A: First step is needs to classify the sales into cash sales and credit sales.

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A: NOTE : As per BARTLEBY guidelines, when multiple questions are given then first question is to be…

Q: 13. JAO Company sells a product for P6 per unit. Fixed expenses total P37,500 per month and variable…

A: Desired profit per unit = sales x 15% = P6 x 15% = P0.90 per unit

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A: "Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

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Conversion Cycle

Conversion cycle is also known as cash cycle or net operating cycle. Conversion cycle refers to how much time a company takes to turn its investments which is done from stock or any other financial resources into cash flows from sales.