Ma2. e expected total purchases for January 2023 (in LE)?B. 13,500C. 10,500the28. What areA. 9,600D. 10,80029. What are the estimated cash disbursements for purchases in February 2023 (in LE)?A. 9,900B. 12,000C. 12,150D. 25,00030. What are the estimated total cash disbursements in March 2023 (in LE)?A. 18,000B. 23,000C. 25,000D. 12,000ination Pape Use the following information to answer questions 20 to 263,ABC Co. is preparing a cash budget for the first quarter of 2023 (in LK);January February721. Total cash available in January is:A. LE 514,000Beginning cash balanceMinimum cash balanceTotal Cash collectionsTotal Cash payments and DisbursementsThe company can borrow (if necessary) and repay as promptly as possible. Borrowing occurs at thebeginning of the month(s) and repayment occurs at the end of the month(s), Annual interest rate is 12%and it is paid when the related loans is repaid. Borrowing and repayment of loan principal are inmultiples of LE 5,000.B. LE 850,00022. Total cash needed in January is:A. LE 805,00023. Beginning cash balance7. LE 60,000B. LE 642,000of February is:B. LE 62,00024. In February, the firm borrows:A. LE 25,000B. LE 135,00025. Total financing in March is:A. LE (25,750)B. LE 46,100140,00060,000380,000 450,000481,000587,00026. Ending cash balance for March is:A. LE 62,000B. LE 60,000LE 520,000C. LE 1,863,000C. LE 64,000C. LE 21,000C. LE 45,000@LE 140,000Use the following information to answer questions 27 to 30:Horas Company has the following data:MonthsJanuary,2023LE16,000Budgeted SalesFebruary,2023LE 24,000March760,000790,000766,250March,2023LE 18,000D. LE 1,760,000$. LE 541,000D. LE (45,000)p. None of theseD. LE 25,750D. LE 64,000April,2023LE 16,000The gross profit rate is 40% of sales, the desired ending inventory level is LE 5,000+ 25% of nextmonth's COGS.27. What are the expected total purchases for March, 2023 (in LE)?A. 10,800B. 13,500J.10,500• Purchases are paid 50% in the same month of purchase and the remaining 50% is paid in the nextmonth following the month of purchase. Accounts payable balance in December 31, 2022 is L.E. 4,500.It is expected to pay every month LE 8,100 for the monthly cash operating expenses.It is planned to pay for the purchases of some fixed assets, the amounts of LE 4,750 in February, 2023,and LE 2,900 in March, 2023,D. 9,600

"Since you have asked multiple questions with multiple sub parts. We will solve first three sub…

Use the following information to answer questions 20 to 201 ABC Co. is preparing a cash budget for the first quarter of 2023 (in LV): 21. Total cash available in January is: A. LE 514,000 Beginning cash balance Minimum cash balance Total Cash collections 587,000 Total Cash payments and Disbursements The company can borrow (if necessary) and repay as promptly as possible. Borrowing occurs at the beginning of the month(s) and repayment occurs at the end of the month(s). Annual interest rate is 12% and it is paid when the related loans is repaid. Borrowing and repayment of loan principal are in multiples of LE 5,000. B. LE 850,000 22. Total cash needed in January in: A. LE 805,000 23. Beginning cash balance LE 60,000 January February 140,000 60,000 60,000 380,000 481,000 B. LE 642,000 of February is: B. LE 62,000 March 7 60,000 790,000 766,250 LE 520,000 C. LE 1,863,000 C. LE 64,000 D. LE 1,760,000 $. LE 541,000 D. LE (45,000)

Use the following information to answer questions 20 to 201 ABC Co. is preparing a cash budget for the first quarter of 2023 (in LV): 21. Total cash available in January is: A. LE 514,000 Beginning cash balance Minimum cash balance Total Cash collections 587,000 Total Cash payments and Disbursements The company can borrow (if necessary) and repay as promptly as possible. Borrowing occurs at the beginning of the month(s) and repayment occurs at the end of the month(s). Annual interest rate is 12% and it is paid when the related loans is repaid. Borrowing and repayment of loan principal are in multiples of LE 5,000. B. LE 850,000 22. Total cash needed in January in: A. LE 805,000 23. Beginning cash balance LE 60,000 January February 140,000 60,000 60,000 380,000 481,000 B. LE 642,000 of February is: B. LE 62,000 March 7 60,000 790,000 766,250 LE 520,000 C. LE 1,863,000 C. LE 64,000 D. LE 1,760,000 $. LE 541,000 D. LE (45,000)

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter4: Financial Planning And Forecasting

Section: Chapter Questions

Problem 4P

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