Chapter 4 questions

p1) MAY JUN JULY P2)

100 200 300
20 40 60
80 160
220
TOTAL CASH RECİPT 40000
CASH DİBURUMENTS 50000
CASH FLOW -10000
BEGİNG CASH 35000
ENDİNG CASH 25000
MİNİMUM CAHH BALLANCE İF WE NEED MAKE HERE 25.000

REQUİRED 0
EXCESS
 SEP OC NOV
P3) TOTAL CASH RECİPT 500 500 600
CASH REMAİN 450 450 540
CASH COLLECETED 40 50 50
CASH DİBURUMENTS 500 700 400
CASH FLOW -10 -200 190
BEGİNG CASH 25 15 -185
ENDİNG CASH 15 -185 5
MİNİMUM CAHH BALLANCE 50 50 50

REQİRED 35 235 45
EXCCES
DEC
700 P4)
630
60
500
190
5
195
50

145
SALES
PAYS DİVİDEND
MİNUMUM CASH BALANCE
ACC REC REPRENST %18 OF ANNUAL SALES
2022 ENDİNG İNV WİLL CHANGE WİTH CHANİNG SALES
MACHİNE 42.000 DEPRACATİAN 17.000
2022 ACC PAY WİLL CHANGE WİTH CHANİNG SALES
TAX PAYABLA QEUAL TO 1/4 OF TAX LİABLİTY
Marketable securities, other current liabilities, long-term debt, and common stock will remain unchanged
 900,000
35,000
30,000

COGS 600,000
0.75
SALES 800,000

OPRT EXP 100,000

0.125
SALES 800,000

A)- PRO FORMA İNCOME STATMENTS FOR 2022 WİTH PERCENT OF SALES METHOD
SALES 900,000
COGS 675000
GROSS PROFİT 225,000
OPRT EXP 112500
NET PROFİT BEFORE TAXES 112,500
AFTER TAXES (%40) 67,500
CASH DİVİDENDS 35,000
TOTAL ERANİNGS 32,500

B) CASH 30,000 ACC PAYABLE

MARKETABLE SEC 18,000 TAX PAYABLE
ACC REC 162,000 OTHER CURRENT LİABLİTİES
İNVENTORY 112500 TOTAL CURRENT LİABİTES
TOTAL CURRENT ASSTES 322,500 LONG TERM DEBT
NET FİXED ASSETS 375,000 TOTAL LİABİLİTİES
TOTAL ASSTES 697,500 COMMON STOCK
RETAİN EARİNGS
TOTAL
REQUİRED FİNANCİNG
TOTAL LİABLİTİES AND STOCKHOLDERS
 100,000

45000

112500
11250 İNVENTORY= ENDİNG İNV 100,000 0.125 İNVENTORY
5,000 SALES 800,000
128,750
200,000
328,750 ACC PAY ACC PAY 100,000 0.125 ACC PAY
150,000 SALES 800,000
207,500
686,250
11,250
697,500
İNVENTORY