The Sino-Fizer Company is concerned about the cash flow of the company. They consulfed you to prepare a cash budget for the 4 months ending 30 April 2019. The following sales figures are for the months of November 2018 to June 2019. The figures from January 2019 onward are estimated: Actual Sales: (in P ,000) November 2018 December 2018 60,000 64,000 Forecasted Sales: January 2019 February 2019 March 2019 April 2019 May 2019 65,000 70,000 72,500 76,250 80,000 78 750 luno 2018
The Sino-Fizer Company is concerned about the cash flow of the company. They consulfed you to prepare a cash budget for the 4 months ending 30 April 2019. The following sales figures are for the months of November 2018 to June 2019. The figures from January 2019 onward are estimated: Actual Sales: (in P ,000) November 2018 December 2018 60,000 64,000 Forecasted Sales: January 2019 February 2019 March 2019 April 2019 May 2019 65,000 70,000 72,500 76,250 80,000 78 750 luno 2018
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter8: Budgeting For Planning And Control
Section: Chapter Questions
Problem 34E: A companys sales for the coming months are as follows: About 20 percent of sales are cash sales, and...
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