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Financial Management Assignment 2

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Submitted By Muhie
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Assignment 1

MBA – 622 Financial Management

Muhieddine Itani
U121N0314

Part A: Morello Landscapes Limited Cash Budget | For the period: January 1st 2012 to June 31st 2012 | Worksheet | | | | | | | | January | February | March | April | May | June | | € | € | € | € | € | € | Sales (Price of the contract) | 400,000 | | | | | | Collections: | 5% | 15% | 10% | 10% | 10% | 50% | Cash | 20,000 | 60,000 | 40,000 | 40,000 | 40,000 | 200,000 | Accounts Receivable | 2,400 | | | | | | Total Collections | 22,400 | 60,000 | 40,000 | 40,000 | 40,000 | 200,000 | | | | | | | | Purchases | | | | | | | Payments: | | | | | | | Accounts Payable | | | | | | | Materials | 6,600 | | | | | | Miscellaneous | 2,570 | | | | | | Materials | | | | | | | Soil | 12,600 | | | | | | Sand | | | 2,200 | | | | Cement | | | | 3,100 | | | Bricks/stones | | | | | | 76,500 | Turf (10%) | | | | | | 43,200 | Shrubs(10%) | | | | | | 16,700 | Other materials | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | Total payments | 23,770 | 2,000 | 4,200 | 5,100 | 2,000 | 138,400 | | | | | | | | | | | | | | | Inflows & Outflows | | | | | | | Collections | 22,400 | 60,000 | 40,000 | 40,000 | 40,000 | 200,000 | Returned Deposit for diggers | | 2,500 | | | | | Car sale | | | | 3,000 | | | Total Inflows | 22,400 | 62,500 | 40,000 | 40,000 | 40,000 | 200,000 | Less Disbursements: | | | | | | | Inventory Purchases | 23,770 | 2,000 | 4,200 | 5,100 | 2,000 | 138,400 | Waste disposal | 8,500 | | | | | | Wages (1,800 X 5) | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | Employees' bonus | | | | |

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