Loading...

Messages

Proposals

Stuck in your homework and missing deadline? Get urgent help in $10/Page with 24 hours deadline

Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.

Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support

Complete the company's cash budget for the upcoming fiscal year

20/04/2021 Client: muhammad11 Deadline: 2 Day

Beech’s managers have made the following additional assumptions and estimates:

Estimated sales for July, August, September, and October will be $400,000, $420,000, $410,000, and $430,000, respectively.
All sales are on credit and all credit sales are collected. Each month’s credit sales are collected 35% in the month of sale and 65% in the month following the sale. All of the accounts receivable at June 30 will be collected in July.
Each month’s ending inventory must equal 25% of the cost of next month’s sales. The cost of goods sold is 75% of sales. The company pays for 40% of its merchandise purchases in the month of the purchase and the remaining 60% in the month following the purchase. All of the accounts payable at June 30 will be paid in July.
Monthly selling and administrative expenses are always $56,000. Each month $8,000 of this total amount is depreciation expense and the remaining $48,000 relates to expenses that are paid in the month they are incurred.
The company does not plan to borrow money or pay or declare dividends during the quarter ended September 30. The company does not plan to issue any common stock or repurchase its own stock during the quarter ended September 30.
Required:

1. Prepare a schedule of expected cash collections for July, August, and September. Also compute total cash collections for the quarter ended September 30.

2-a. Prepare a merchandise purchases budget for July, August, and September. Also compute total merchandise purchases for the quarter ended September 30.

2-b. Prepare a schedule of expected cash disbursements for merchandise purchases for July, August, and September. Also compute total cash disbursements for merchandise purchases for the quarter ended September 30.

3. Prepare an income statement for the quarter ended September 30.

4. Prepare a balance sheet as of September 30.

Question 4

You have been asked to prepare a December cash budget for Ashton Company, a distributor of exercise equipment. The following information is available about the company’s operations:

Homework is Completed By:

Writer Writer Name Amount Client Comments & Rating
Instant Homework Helper

ONLINE

Instant Homework Helper

$36

She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up!

Order & Get This Solution Within 3 Hours in $25/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 3 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 6 Hours in $20/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 6 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 12 Hours in $15/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 12 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

6 writers have sent their proposals to do this homework:

Assignment Solver
Finance Master
24/7 Assignment Help
Chartered Accountant
Quality Homework Helper
Essay Writing Help
Writer Writer Name Offer Chat
Assignment Solver

ONLINE

Assignment Solver

I am known as Unrivaled Quality, Written to Standard, providing Plagiarism-free woork, and Always on Time

$26 Chat With Writer
Finance Master

ONLINE

Finance Master

You can award me any time as I am ready to start your project curiously. Waiting for your positive response. Thank you!

$37 Chat With Writer
24/7 Assignment Help

ONLINE

24/7 Assignment Help

I have read your project details. I can do this within your deadline.

$50 Chat With Writer
Chartered Accountant

ONLINE

Chartered Accountant

You can award me any time as I am ready to start your project curiously. Waiting for your positive response. Thank you!

$31 Chat With Writer
Quality Homework Helper

ONLINE

Quality Homework Helper

I will cover all the points which you have mentioned in your project details.

$21 Chat With Writer
Essay Writing Help

ONLINE

Essay Writing Help

Hello, I an ranked top 10 freelancers in academic and contents writing. I can write and updated your personal statement with great quality and free of plagiarism

$47 Chat With Writer

Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.

Similar Homework Questions

I need 2 replies , 200 words each on Society for Human Resource Management (SHRM) - Psychology assessment week two - 1 page writing - Functional-level strategy - Icd 10 code for hiatal hernia with reflux esophagitis - Actuarial mathematics for life contingent risks 2nd edition pdf - Year 11 chemistry metals - Health policy issues an economic perspective seventh edition pdf - Prospect and belleview bieck apartments - Genius g pen f610 ultra slim tablet - SOCW 6111 - Reflective Journal - Management Discussions - Essay - Frm exam dates 2016 - Discussion response - Oco and the juice - Video Session 3 - Spontaneous communitas abolishes status. - Www whitehouseblackmarket store account associate registration jsp - Poetry analysis example pdf - Charles darwin university learnline login - Advantages and disadvantages of level production strategy - Schedules of reinforcement quizlet - Csi senses board game instructions - Rotary cutter parts diagram - Bayonne packaging inc pdf - Jamaica has a comparative advantage in the production of - 1-2 page assignment - Leadership and Management discussion posts - Boelter hall ucla map - Target market for portable chargers - 8 comma rules powerpoint - Build your own tjm 4wd - Emerging enterprise network applications research paper - Data Acquisition - 1.09 macbeth plot analysis quiz - Harley davidson supply chain analysis - Discussion question not a paper 100 words - 96.2 body temperature in adults - Ulster hospital contact number - Description of a walk robert gray - Catering booking form template - Clinical assessment in mental health centers newspaper article - Colorado energy skate park - Smileline inc has an onsite daycare - How to bend a 3 point saddle - Prewriting techniques definition - Magnesium + sulfuric acid ionic equation - Hunter united credit union - Cajas de carton question answers - Journal entries with gst - Code of ethics comparative chart - Bre x michael de guzman - Mpa to n mm2 - Bossard international inc - 978-0-13-410398-3 - Answer question - Operational Excellence - The customer centered innovation map - French connection garden city - How do chemists use trigonometry - Nursing - Book report - Group Project - Catherine holmes wilkins foundation - Microsoft Power Point Assignments 3 - A15 - Planning - Our lady of zion apparition - Maebyeong bottles are a part of which nation cultural past? - Pal models nervous system cns lab practical question 15 - Civil service written policy exercise - Paper - Communication in nursing leadership and management - Lección 4 contextos 3 qué son - Liam brady private investigator - 5 ways to disappoint your vietnamese mother - Discussion 3 - Cronulla sand dunes location - HIMA350 Week 7 Forum - Given the following data ca s 2c graphite - The statue of liberty nonfiction reading test 5 answer key - Paper on being raised in foster care - How junk food can end obesity summary - The mcgraw hill reader issues across the disciplines 12th edition - Ron's staffing 63rd and harlem - Cross cutting symptom measure child - Building web page - How to find vertex from focus and directrix - JOURNAL - ADULT VOCATIONAL DEVELOPMENT DUE IN 48 HOURS - Week 7 Video Presentation - How to calculate equivalent weight of copper - Harmony dentistry mission viejo - Declaring a relationship to centrelink - Making virtual teams work ten basic principles - Devotion to one's country - Ethernet frame header fields - Compute chavez company's current ratio using the above information - Ji bi hi fi brighton - Flags waving character map