2. PT "NINDITA" wants to make a cash budget for October - December 2021... The company's financial information is as follows: In August and September 2021 the company's sales are Rp. 500 million and Rp. 700 million. Meanwhile, in October, November, December 2021 and January 2022, it is estimated that sales per month will be Rp. 600 million; 700 million, 800 million and 800 million. Sales are made in cash and on credit, as follows; 20% is sold in cash. 40% collected 1 month after the month of sale. And 40% collected 2 months after the month of sale. In November the company sells machines that will be replaced with new machines for Rp. 200 million. In November the company will obtain a loan from BNI bank of Rp 400 million. In December the company received a dividend on its investment of Rp. 200 million. The company buys raw materials every month 70% of the previous month's sales, by way of payment 40% is paid in the month of purchase (cash) while the rest is paid 1 month after the month of purchase of 60%. Other company expenses are as follows: Labor wages each month 25% of the following month's sales. In October the company pays the interest plus principal with a maturity of Rp. 300 million. In November the company pays dividends to its shareholders of Rp. 400 million. The company pays a monthly warehouse rental of Rp. 50 million. Cash balance at the end of September amounted to Rp. 40 million. The company sets a minimum cash balance every month of Rp. 25 million From this data, make a cash budget for October-December 2021..
2. PT "NINDITA" wants to make a cash budget for October - December 2021... The company's financial information is as follows: In August and September 2021 the company's sales are Rp. 500 million and Rp. 700 million. Meanwhile, in October, November, December 2021 and January 2022, it is estimated that sales per month will be Rp. 600 million; 700 million, 800 million and 800 million. Sales are made in cash and on credit, as follows; 20% is sold in cash. 40% collected 1 month after the month of sale. And 40% collected 2 months after the month of sale. In November the company sells machines that will be replaced with new machines for Rp. 200 million. In November the company will obtain a loan from BNI bank of Rp 400 million. In December the company received a dividend on its investment of Rp. 200 million. The company buys raw materials every month 70% of the previous month's sales, by way of payment 40% is paid in the month of purchase (cash) while the rest is paid 1 month after the month of purchase of 60%. Other company expenses are as follows: Labor wages each month 25% of the following month's sales. In October the company pays the interest plus principal with a maturity of Rp. 300 million. In November the company pays dividends to its shareholders of Rp. 400 million. The company pays a monthly warehouse rental of Rp. 50 million. Cash balance at the end of September amounted to Rp. 40 million. The company sets a minimum cash balance every month of Rp. 25 million From this data, make a cash budget for October-December 2021..
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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The book I use: Principles of Managerial Finance [Global Edition] 16th Edition
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Transcribed Image Text:2. PT "NINDITA" wants to make a cash budget for October - December 2021... The
company's financial information is as follows:
In August and September 2021 the company's sales are Rp. 500 million and
Rp. 700 million. Meanwhile, in October, November, December 2021 and January
2022, it is estimated that sales per month will be Rp. 600 million; 700 million,
800 million and 800 million. Sales are made in cash and on credit, as
follows; 20% is sold in cash. 40% collected 1 month after the month of sale.
And 40% collected 2 months after the month of sale.
In November the company sells machines that will be replaced with new
machines for Rp. 200 million.
In November the company will obtain a loan from BNI bank of Rp
400 million.
In December the company received a dividend on its investment of Rp. 200
million.
The company buys raw materials every month 70% of the previous month's
sales, by way of payment 40% is paid in the month of purchase (cash)
while the rest is paid 1 month after the month of purchase of 60%.
Other company expenses are as follows:
Labor wages each month 25% of the following month's sales.
In October the company pays the interest plus principal
with a maturity of Rp. 300 million.
In November the company pays dividends to its shareholders
of Rp. 400 million.
The company pays a monthly warehouse rental of Rp. 50 million.
Cash balance at the end of September amounted to Rp. 40 million.
The company sets a minimum cash balance every month of Rp. 25 million
From this data, make a cash budget for October-December 2021..
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