PRACTICE EXERCISE 2: Fill the table below. The following items will be paid by A Company based on the following periods: • Fixed-asset outlays: New machinery 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 PHP8,000 per month. Wages are estimated as 10% of monthly sales. • Tax payments: Taxes of PHP25,000 must be paid in April. Jan Feb Mar Apr May Total Total Payments for Purchases 102500 110000 125000 140000 477500 Rent Payments 25000 Wages 125000 Salaries 40000 Таx Payment Fixed Asset Outlay 25000 130000 Interest Payment 10000 Cash Dividend 20000 Principal Payment 20000 Total Cash Payments 872500
PRACTICE EXERCISE 2: Fill the table below. The following items will be paid by A Company based on the following periods: • Fixed-asset outlays: New machinery 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 PHP8,000 per month. Wages are estimated as 10% of monthly sales. • Tax payments: Taxes of PHP25,000 must be paid in April. Jan Feb Mar Apr May Total Total Payments for Purchases 102500 110000 125000 140000 477500 Rent Payments 25000 Wages 125000 Salaries 40000 Таx Payment Fixed Asset Outlay 25000 130000 Interest Payment 10000 Cash Dividend 20000 Principal Payment 20000 Total Cash Payments 872500
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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Transcribed Image Text:PRACTICE EXERCISE 2: Fill the table below. The following items will be paid by A Company
based on the following periods:
• Fixed-asset outlays: New machinery 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 PHP8,000 per month.
Wages are estimated as 10% of monthly sales.
Tax payments: Taxes of PHP25,000 must be paid in April.
Jan
Feb
Mar
Apr
May
Total
Total Payments for Purchases
102500
110000
125000
140000
477500
Rent Payments
25000
Wages
125000
Salaries
40000
Таx Payment
25000
Fixed Asset Outlay
130000
Interest Payment
10000
Cash Dividend
20000
Principal Payment
Total Cash Payments
20000
872500
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