Question: You are the project manager for Cloud 9 Innovations Ltd . , a company that specialises in the design and production of new state of
You are the project manager for Cloud Innovations Ltd a company that specialises in the design and production of new state of the art handheld gaming consoles. Your current project involves the manufacturing and distribution of these consoles for a major electronics company in Gauteng. The following information is available: The client makes four separate monthly payments, one month after the invoice R for the first two months and R and R in Month and Month respectively. You employ labour a software engineer at R per month, paid in the month of work. You buy materials aluminum electronic wiring, etc. at R per month for the first three months and R in month The supplier gives one months credit. You rent a warehouse with an assembly line at R per month for the first two months and R for months and Payment is required one month in advance. Use the information provided and complete the cash flow template Annexure A for income and payments during a fourmonth project from July to October. You must apply the timing of income and payments to the project cash flow Annexure A Cash Flow Template JuneJulyAugustSeptemberOctoberNovember Brought forward Income Total available Expenses Assembly line Labour Materials Total expenses Closing balance
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