• Fixed-asset outlays: Newmachinery costing PHP130,000 will be purchased and paid for in April. • Interest payments: An interest payment of PHP10,000 is due in May. • Cash dividend payments: Cash dividends of PHP20,000 will be paid in January. • Principal payments (loans): A PHP20,000 principal payment is due in February. • Rent payments: Rent of PHP5,000 will be paid each month. • Wages and salaries: Fixed salaries for the year are PHP96,000, or PHPS,000 per month. Wages are estimated as 10% of monthly sales. • Tax payments: Taxes of PHP25,000 must be paid in April. Jan Apr 0 102,500 110,000 125,000 140,000 477,500 Feb Mar Мay TOTAL Total Payments for Purchases Rent Payments Wages Salaries Tax Payment Fixed Asset Outlay 25,000 125,000 40,000 25,000 130,000 10,000 20,000 Interest Payment Cash Dividend Principal Payment Total Cash Payments 20,000 872,500
• Fixed-asset outlays: Newmachinery costing PHP130,000 will be purchased and paid for in April. • Interest payments: An interest payment of PHP10,000 is due in May. • Cash dividend payments: Cash dividends of PHP20,000 will be paid in January. • Principal payments (loans): A PHP20,000 principal payment is due in February. • Rent payments: Rent of PHP5,000 will be paid each month. • Wages and salaries: Fixed salaries for the year are PHP96,000, or PHPS,000 per month. Wages are estimated as 10% of monthly sales. • Tax payments: Taxes of PHP25,000 must be paid in April. Jan Apr 0 102,500 110,000 125,000 140,000 477,500 Feb Mar Мay TOTAL Total Payments for Purchases Rent Payments Wages Salaries Tax Payment Fixed Asset Outlay 25,000 125,000 40,000 25,000 130,000 10,000 20,000 Interest Payment Cash Dividend Principal Payment Total Cash Payments 20,000 872,500
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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