| 9th July 2017 03:06 PM | |
| Unregistered | Re: MBA solved assignment A company making for stock in the first quarter of the year 2017 is assisted by its bankers with overdraft accommodation. The following are the relevant budget figures: Sale (Cr.) Rs. Purchases (Cr.) Rs. Wages &Expenses (Cr.) Rs. November 2016 1,20,000 83,000 10,000 December 2016 1,28,000 96,000 10,000 January 2017 72,000 1,62,000 11,000 February 2017 1,16,000 1,64,000 10,000 March 2017 84,000 40,000 12,000 Given the following further information you are required to prepare a Cash Budget for the quarter January to March 2017, showing the budgeted amount of bank facilities required, if any, in each month end: a) Budgeted cash at bank on 1st January 2017 Rs. 20,000 b) Credit terms of sales are payment by the end of the month following the month of supply. On average one half of sale are paid on due date, while the other half are paid during the next month. Creditors are paid during the month following the month of supply. c) Wages and expenses are paid twice a month on 1st and 16th respectively. From the above information prepare a Cash Budget for the quarter January to March 2017, showing the budgeted amount of bank facilities required, if any, in each month end. 10 10 Q. |
| 29th April 2017 11:22 PM | |
| Unregistered | Re: MBA solved assignment In early 1991, there was a sharp increase in the price of newsprint, the paper used by the newspapers. Since newsprint is the largest expense for India newspapers (after salaries) publishers were concerned about the price hike. Suppose that the demand for newsprint can be represented as follows: Qi = 17-3 -- 0-0092 p +0-0067 Where Q. equals the quantity demanded (in kilograms per capital), P is the price of newsprint (in Rs. per metric ton) and I is the income per capita (in Rs.), |
| 7th November 2015 03:23 PM | |
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