Question: it's financial management question a , b , c , d , e , f , g . tq a. Question 2 (10m) Kanaks plans

 it's financial management question a , b , c , d

it's financial management question a , b , c , d , e , f , g . tq

a. Question 2 (10m) Kanaks plans to initiate a new product to the market in March 2013. To ensure the planning goes smoothly, she decides to prepare a three months cash budget from the following information: Present cash balance is RM1500 b. Estimated cash sales in March is RM 10, 000 and he estimate that the sales will increase by 15% every month compare to previous month. Monthly wages to his staffs will be RM5, 200. d. Kanaks intends to purchase a lorry in April for RM60, 000 with paying down payment for RM10,000 and monthly installments RM800 starting May. Rent on premise is paid RM500 per month. f. Kanaks applied bank loan for RM10,000 and estimated to receive in May 2013. g. Estimated cash purchases are RM4000, RM3500 and RM5000 for the months March, April and May respectively. c. e. You are required to prepare a three months Cash Budget ending 31st May 2013

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