Below you see the income budget for Company Inc. Use the information to fill in the...

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Below you see the income budget for Company Inc. Use the information to fill in the cash flow budget and answer the questions. (20p) Beginning cash balance 5 600 . Accounts payable from the previous year 5 750 and accounts receivable from the previous year 8900 . Half of the sales are credit sales with the payment time of 30 days. The other half is in cash. Sales and purchases are divided equally on all the days of the period. NOTE! All months are calculated with 30 days. Payment time for the purchases is 30 days Salaries are 4 500 /month Rent is 2 500 /month In the beginning of the year the company has a bankloan of 25 000 . Interest is payed in March 500 , in September 500 and in December 500. At the same time with paying the interest we amortize the loan with 1 000 . Investments in new machinery is done in January 1 250 and in September 2850 . If we don't have enough money we can get a short-term loan from the bank. Always round up to the next 1000 . The loan is payed back as soon as we have the money. -The owner makes a private withdrawal 1 500 each month. Income budget Sales January-March 36 April-June July-September October-December 48 42 48 Purchase 15,84 21,12 18.48 21,12 Contribution marg 20160 26880 23520 26880 Salaries Rent Depreciation Interest Total fixed costs Budgeted result CASH FLOW BUDGanuary March April-June July-September October-December Beginning cash balance Sales Acc. Receivable Loan (short-term) Total Purchase Acc. Payable Salaries Rest Interest Amortization (long-term) Investments Private withdrawal Amortization (short) Total Net cash flow How much loan does the company have at the end of the year? How much accounts receivable does the company have at the beginning of next year? How much accounts payable does the company have at the beginning of next year? Below you see the income budget for Company Inc. Use the information to fill in the cash flow budget and answer the questions. (20p) Beginning cash balance 5 600 . Accounts payable from the previous year 5 750 and accounts receivable from the previous year 8900 . Half of the sales are credit sales with the payment time of 30 days. The other half is in cash. Sales and purchases are divided equally on all the days of the period. NOTE! All months are calculated with 30 days. Payment time for the purchases is 30 days Salaries are 4 500 /month Rent is 2 500 /month In the beginning of the year the company has a bankloan of 25 000 . Interest is payed in March 500 , in September 500 and in December 500. At the same time with paying the interest we amortize the loan with 1 000 . Investments in new machinery is done in January 1 250 and in September 2850 . If we don't have enough money we can get a short-term loan from the bank. Always round up to the next 1000 . The loan is payed back as soon as we have the money. -The owner makes a private withdrawal 1 500 each month. Income budget Sales January-March 36 April-June July-September October-December 48 42 48 Purchase 15,84 21,12 18.48 21,12 Contribution marg 20160 26880 23520 26880 Salaries Rent Depreciation Interest Total fixed costs Budgeted result CASH FLOW BUDGanuary March April-June July-September October-December Beginning cash balance Sales Acc. Receivable Loan (short-term) Total Purchase Acc. Payable Salaries Rest Interest Amortization (long-term) Investments Private withdrawal Amortization (short) Total Net cash flow How much loan does the company have at the end of the year? How much accounts receivable does the company have at the beginning of next year? How much accounts payable does the company have at the beginning of next year?