Using the information provided, construct a cash budget for February and March.

Vertical Ladder Company (VLC) forecasts that its sales for January through April will be $60,000, $70,000, $90,000, and $80,000, respectively. All sales are made on credit, and past experience indicates that 30 percent of the sales will be collected in the month of the sale and that the remaining 70 percent will be collected the following month. Customers who pay in the month of the sale will take the 2 percent cash discount offered by VLC for paying early. VLC normally purchases and pays for raw materials, which cost 55 percent of the sales prices, one month prior to selling the finished products. Employees’ wages represent 25 percent of the sales price, and rent is $3,000 per month. At the beginning of February, VLC expects to have $4,000 in cash, which is $1,000 greater than its target cash balance. Using the information provided, construct a cash budget for February and March.

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What is the basis for the rhythmicity observed in the SCN?

1.Why do you think animals, including humans, would evolve a system in which their testosterone levels would fluctuate with winning and losing in competitive situations? 2. How do shift work,….

establish the composition of the sources of funds that goes to make up the current capital structure of the trust.

funding arrangements (i.e. raise capital) for an Australian Real Estate Investment Trust (REIT) which is required to fund a new acquisition (thinking of buying another property) valued at AUD$1 billion…..

Identify the benefits of using futures for hedging, speculating and arbitraging with real examples.

Appendix Financial Engineering and Risk Management Individual Written Essay Report – 50%   Questions Futures: Identify the benefits of using futures for hedging, speculating and arbitraging with real examples. Explore….