Friday, October 10, 2014

Question # 1 Prepare a table showing how you calculated the cash collection for the credit sales in.

Question # 1

Prepare a table showing how you calculated the cash collection for the credit sales in the months of March and April.

Question # 2

Prepare a table showing the calculation of budgeted ending inventories in both units and dirhams for January and March

Question # 3

Prepare a cash budget for March and April showing fully the loan payments and interest expense

Question # 4

Write an email to the assistant accountant on the usefulness of the cash budget. Choose one item from your budget and assume that the actual figure is quite different from the expected (budgeted) figure. Explain what action you would take.

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Financial ManagementQuestion # 1Prepare a table showing how you calculated the cash collection for the credit sales in the months of March and April.Question # 2Prepare a table showing the calculation of budgeted ending inventories in both units and dirhams for January and March Question # 3Prepare a cash budget for March and April showing fully the loan payments and interest expense Question # 4Write an email to the assistant accountant on the usefulness of the cash budget. Choose one item from your budget and assume that the actual figure is quite different from the expected (budgeted) figure. Explain what action you would take.ReferencesCash Budget. (2012, 6 18). Retrieved March 1, 2014, from Bright hub: http://www.brighthub.com/office/finance/articles/119670.aspxBuget Advantages. (2013, Feb 28). Retrieved Feb 2014, 2014, from Accounting web: http://www.accountingweb.com/blog-post/advantages-budgetingBenefits of cash Budget. (n.d.). Retrieved March 1, 2014, from Accounting Web: http://www.accountingweb.com/blog-post/advantages-budgeting

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