Kaplan Finance Assingment Help With Solution

1 You have the following information about a H Ltd, a new business:
Budgeted
sales
Credit Budgeted Cash sales
January, 2014 40,000 30,000
February 45,000 20,000
March 50,000 25,000
April 55,000 30,000

Collections on credit sales average 40 percent in the month of sales and the
remaining 60 percent in the month following the sales.
Cost of sales (purchases) averages 60% of total sales revenue.
Twenty percent of cost of sales is on cash basis, and 80 percent is paid in the
month following purchases.

How it Works

How It works ?

Step 1:- Click on Submit your Assignment here or shown in left side corner of every page and fill the quotation form with all the details. In the comment section, please mention product code mentioned in end of every Q&A Page. You can also send us your details through our email id support@assignmentconsultancy.com with product code in the email body. Product code is essential to locate your questions so please mentioned that in your email or submit your quotes form comment section.

Step 2:- While filling submit your quotes form please fill all details like deadline date, expected budget, topic , your comments in addition to product code . The date is asked to provide deadline.

Step 3:- Once we received your assignments through submit your quotes form or email, we will review the Questions and notify our price through our email id. Kindly ensure that our email id assignmentconsultancy.help@gmail.com and support@assignmentconcultancy.com must not go into your spam folders. We request you to provide your expected budget as it will help us in negotiating with our experts.

Step 4:- Once you agreed with our price, kindly pay by clicking on Pay Now and please ensure that while entering your credit card details for making payment, it must be done correctly and address should be your credit card billing address. You can also request for invoice to our live chat representatives.

Step 5:- Once we received the payment we will notify through our email and will deliver the Q&A solution through mail as per agreed upon deadline.

Step 6:-You can also call us in our phone no. as given in the top of the home page or chat with our customer service representatives by clicking on chat now given in the bottom right corner.

Features

Features for Assignment Help

Zero Plagiarism
We believe in providing no plagiarism work to the students. All are our works are unique and we provide Free Plagiarism report too on requests.

Relevancy
We believe in providing perfect, relevant and 100% accurate solutions to the student as per questions asked. All our experts are perfect in providing that so as to give unique experience to the students.

Three Stage Quality Check
We are the only service providers boasting of providing original, relevant and accurate solutions. Our three stage quality process help students to get perfect solutions.

100% Confidential
All our works are kept as confidential as we respect the integrity and privacy of our clients.

Related Services

Other operating expenses according to the forecasted income statement
follow:
January February March
Wages and salaries $18,000 $18,000 $18,000
Office rent 6,000 6,000 6,000
Insurance 1,000 1,000 1,000
Utilities 2,000 2,000 2,000
Other operating costs 5,000 5,000 5,000
Depreciation 3,000 3,000 3,000
Interest expense 500 500 500

Note that the payroll, utilities, other operating costs, and interest expense are paid in
cash each month as the expense is incurred.
The insurance expense is paid in January each year in advance for the whole
year ($12,000 per year).
The office rent is paid quarterly in advance starting January each year.
In March, the company plans to sell some old equipment and estimates it will
received $10,000 from the sale.
At the same time, it must spend $30,000 on new equipment. The beginning
cash balance on Jan 1 is $10,000. (Cash payment : March)

Required:
a) Prepare the business’s cash budget for each of the three months: January,
February, and March.
(27 marks)
b) Give three recommendations on how you could improve the cash flow of H
Ltd.

Product Code :Fin302

To get answer for this question, kindly click here (Note: Don’t forget to write the product code in comment section)

You can also email us at assignmentconsultancy.help@gmail.com but please mentioned product code in the mail body while sending emails.You can browse more questions to get answer in our Q&A sections here.

Summary