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  • Cash Budget FM

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    Lysss Epssss
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    The document provides cash budgets for Tanny Cabrera Company for the year ended December 31, 2007. It shows beginning and ending cash balances each month, as well as cash receipts, total cash available, expenditures and resulting cash surplus or deficit. Key figures include a beginning cash balance in January 2007 of $55,000 and ending balance in December 2007 of $6,587,200. Monthly sales ranged from $3,420,000 to $3,660,000 while purchases for inventory production were between $2,250,000 and $2,452,000.

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    CASH BUDGET FM - Copy

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    The document provides cash budgets for Tanny Cabrera Company for the year ended December 31, 2007. It shows beginning and ending cash balances each month, as well as cash receipts, total cash available, expenditures and resulting cash surplus or deficit. Key figures include a beginning cash balance in January 2007 of $55,000 and ending balance in December 2007 of $6,587,200. Monthly sales ranged from $3,420,000 to $3,660,000 while purchases for inventory production were between $2,250,000 and $2,452,000.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    79 views5 pages

    Cash Budget FM

    Uploaded by

    Lysss Epssss
    The document provides cash budgets for Tanny Cabrera Company for the year ended December 31, 2007. It shows beginning and ending cash balances each month, as well as cash receipts, total cash available, expenditures and resulting cash surplus or deficit. Key figures include a beginning cash balance in January 2007 of $55,000 and ending balance in December 2007 of $6,587,200. Monthly sales ranged from $3,420,000 to $3,660,000 while purchases for inventory production were between $2,250,000 and $2,452,000.

    Copyright:

    © All Rights Reserved
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    of 5

    For the Year Ended December 31, 2007

    January
    Beginning Cash Balance 55,000.00
    Add: Cash Receipts 6,974,600.00
    Total Cash Available 7,029,600.00
    Total Purchases 2,250,000.00
    Selling and General Administrative Expense 535,500.00
    Less: Depreciation 20,000.00
    Total Cost 2,765,500.00
    Payments (Month of purchase - 54%) 1,493,370.00
    Payments (Month after purchse - 46%)
    Total Cash Payments 1,493,370.00
    Cash Surplus/(Deficit) 5,536,230.00
    Total Financing 1,330,550.00
    Ending Cash Balance 5,536,230.00

    November
    Sales 3,540,000.00
    Credit Sales
    Collections (Within 10 days, 3% discount - 60%)
    Collections (Month after the sale - 25%)
    Collections (Two months after - 9%)
    Total Cash Receipts
    4370000 2543340

    January
    Production Budget
    Planned Sales (In Units) 11,900
    Add: Desired Ending Inventory 14,820
    Total Needs 26,720
    Less: Beginning Inventory 15,470
    Units to be Produced 11,250
    Multiply: Unit Cost of Inventory 200
    Total Purchases 2,250,000
    Selling and General Administrative Expense 535,500.00
    Less: Depreciation 20,000.00
    Total Cost 2,765,500.00
    Payments (Month of purchase - 54%) 1,493,370.00
    Payments (Month after purchse - 46%)
    Total Cash Payments 1,493,370.00
    Tanny Cabrera Company
    Cash Budget
    For the Year Ended December 31, 2007

    February March
    5,536,230.00 6,372,680.00
    3,690,240.00 3,166,740.00
    9,226,470.00 9,539,420.00
    2,436,000.00 2,452,000.00
    513,000.00 540,000.00
    20,000.00 20,000.00
    2,929,000.00 2,972,000.00
    1,581,660.00 1,604,880.00
    1,272,130.00 1,347,340.00
    2,853,790.00 2,952,220.00
    6,372,680.00 6,587,200.00
    1,330,550.00 1,330,550.00
    6,372,680.00 6,587,200.00

    December January February March


    3,630,000.00 3,570,000.00 3,420,000.00 3,600,000.00

    2,060,280.00 2,112,660.00 2,077,740.00 1,990,440.00


    885,000.00 907,500.00 892,500.00 855,000.00
    318,600.00 326,700.00 321,300.00
    3,338,760.00 3,296,940.00 3,166,740.00
    1092500 3635840 393300

    February March April


    11,400 12,000 12,200
    15,600 15,860 -
    27,000 27,860 12,200
    14,820 15,600 15,860
    12,180 12,260
    200 200
    2,436,000 2,452,000
    513,000.00 540,000.00
    20,000.00 20,000.00
    2,929,000.00 2,972,000.00
    1,581,660.00 1,604,880.00
    1,272,130.00 1,347,340.00
    2,853,790.00 2,952,220.00
    April
    3,660,000.00

    2,095,200.00
    900,000.00
    307,800.00
    3,303,000.00

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