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- Hh2. Account11. Calculating the Cash Budget Here are some important figures from the budget of Crenshaw, Inc., for the second quarter of 2019. LO 3 April May June $598,000 282,000 $689,000 $751,000 Credit sales 302,000 338,000 Credit purchases Cash disbursements 137,000 129,000 179,000 Wages, taxes, and expenses 15,600 15,600 15,600 Interest 53,500 6,600 248,000 Equipment purchases The company predicts that 5 percent of its credit sales will never be collected 35 percent of its sales will be collected in the month of the sale, and the re- maining 60 percent will be collected in the following month. Credit purchases will be paid in the month following the purchase. In March 2019, credit sales were $561,000. Using this information, com- plete the following cash budget: April May June $182,000 Beginning cash balance Cash receipts Cash collections from credit sales Total cash available Cash disbursements Purchases 289,000 Wages, taxes, and expenses Interest Equipment purchases Total cash disbursements…PREPARE CASH BUDGET FOR YEAR 2021 Use the format if necessary as a guide: Cash Balance, January 1, 2021 Add: Collection from Customers Total Cash Available Less: Disbursements Payments for Material Purchases Direct Labor Factory Overhead Selling and Administrative Expenses Equipment purchase Tax Expenses Dividends Total Disbursements Excess (deficiency) of cash available over disbursements Investing: Long-term Investment Increments Interest Receivable Total Cash used in Investing Financing: Borowwings Repayments Interest Paid Total Financing Cash Balance, Ending
- In Organizational Development (OD), each area of OD has its own budget to maintain. Please create a spreadsheet indicating the following purchases for the different OD areas and the remaining balance for each department based on the beginning budget and purchases as indicated. The Center for the Advancement of Teaching and Learning Beginning Budget $60,000 Speaker Books Speaker Gifts $2,000 100 @ $22.50 each $200.00 Leadership Development Beginning Budget $40,000 Retreat Location Rental Retreat Lunch Conference Awards $8,000 $11.00 each for 72 attendees $9,000 $8,800 Creative and Strategic Initiatives Beginning Budget $25,000 Camera Software Digital subscriptions $7,000 $2,000 $550.00BhupatbhaiPart A: Use a spreadsheet to prepare a monthly personal budget to show the available surplus based on the following data. ➤ Monthly salary is QAR 14,600. ➤ Monthly rental expense is QAR 6,650. 19tn3. onidiol ➤ Food expenses are QAR 250 per week. ➤ Electricity is estimated to be QAR 50 per month. ➤ Ooredoo unlimited usage telephone plan is QAR 320 per month. Entertainment is estimated to be QAR 500 per week. ➤Clothing expenses are estimated to be QAR 5,000 per year. Fuel QAR 50 per week. ➤Insurance QAR 2,460 per year. ➤ Vehicle maintenance QAR 2,000 per year. ➤You decide that you must leave a budgeted surplus of QAR 1,000 per month to cover unexpected expenses.
- D6)Font Paragraph Styles 6. Assume you are the chief administrator of a small healthcare facility and are comparing the actual cost to the budgeted cost. Prepare a Comparative Analysis of Actual to Budget and write a brief paragraph on how you believe this unit performed during the year. 2021 Actual Difference 2020 Budget Dollars Dollars Dollars Maintenance Expense $300,000.00 $450,000.00 Dietary Expense $615,000.00 $645,000.00 General Services $21,500,000.00 ? $21,200,000.00 ? Supply Expense Total $5,500,000.00 $6,150,000.00Please do not give solution in image format thanku
- Question 9III. DETAILS OF PERSONAL BUDGET PLAN: (List down your possible income and expected expenses). ACTUAL AMOUNT (In PARTICULARS EXPECTED AMOUNT (In Php) DIFFERENCE (In Php) Php) A. CASH INFLOWS: list down example of ALLOWANCE 0.00 expected income OTHER SOURCE 0.00 0.00 0.00 0.00 0.00 TOTAL CASH INFLOWS PHP 0.00 PHP 0.00 PHP 0.00 B. SPENDING: FOODS list down 0.00 example of expected EDUCATIONAL EXPENSES 0.00 PERSONAL EXPENSES 0.00 OTHER EXPENSES 0.00 expenses 0.00 |TOTAL EXPENSES PHP 0.00 PHP 0.00 PHP 0.00 VARIANCES PHP 0.00 PHP 0.00 PHP 0.00 RESULT: FINDINGS: RECOMMENDATION:V Content Pearson (Assignments) - MA Ô https://www.mathxl.com/Student/PlayerTest.aspx?testld%3D225147196 3 103 Spring 2021 st: Test 2 (Finance) Online nis Question: 1 pt 5 of 19 (1 complete) ▼ How much must be deposited today into the following account in order to have a $135,000 college fund in 11 years? Assume no additional deposits are made. An account with quarterly compounding and an APR of 7.32% Sshould be deposited today. (Do not round until the final answer. Then round to the nearest cent as needed.)