FINA310 IP 5 Cyrus Brown Manufacturing (CBM)

FINA310 IP 5 Cyrus Brown Manufacturing (CBM).

FINA310 IP 5 Cyrus Brown Manufacturing (CBM).

Cyrus Brown Manufacturing (CBM).To avoid any uncertainty regarding his business’ financing needs at the time when such needs may arise, Cyrus Brown wants to develop a cash budget for his latest venture: Cyrus Brown Manufacturing (CBM).

Please read the relevant parts of your textbook, which refer to cash flow and financial planning.

To avoid any uncertainty regarding his business’ financing needs at the time when such needs may arise, Cyrus Brown wants to develop a cash budget for his latest venture: Cyrus Brown Manufacturing (CBM). He has estimated the following sales forecast for CBM over the next 9 months:

March $100,000
April $275,000
May $320,000
June $450,000
July $700,000
August $700,000
September $825,000
October $500,000
November $115,000

He has also gathered the following collection estimates regarding the forecast sales:

Payment collection within the month of sale = 25%

Payment collection the month following sales = 55%

Payment collection the second month following sales = 20%

Payments for direct manufacturing costs like raw materials and labor are made during the month that follows the one in which such costs have been incurred. These costs are estimated as follows:

March $187,500
April $206,250
May $375,000
June $337,500
July $431,250
August $640,000
September $395,000
October $425,000

Additional financial information is as follows:

Administrative salaries will approximately amount to $35,000 a month.

Lease payments around $15,000 a month.

Depreciation charges, $15,000 a month.

A one-time new plant investment in the amount of $95,000 is expected to be incurred and paid in June.

Income tax payments estimated to be around $55,000 will be due in both June and September.

And finally, miscellaneous costs are estimated to be around $10,000 a month.

Cash on hand on March 1 will be around $50,000, and a minimum cash balance of $50,000 shall be on hand at all times.

 

 

 

FINA310 IP 5 Cyrus Brown Manufacturing (CBM)

Get a Quick Quote

Approximately 250 words
Total price (USD) $: 10.99

Let us do the hard and easy stuff in nursing for you

Find an experts in Nursing Papers and kickstart your grades today with NursingPapersLib.com

Best nursing assignment writers

It is easy to promise the availability of help with nursing assignments but without the best nursing assignment writers in the industry, such promises can turn out to be hot air. Our expert nursing writing services feature seasoned professionals who have been providing nursing writing help and consultation services for a long time. Irrespective of the year of study or practice students are involved in, the best nursing assignment writers know the nuances of nursing student’s needs. There is no better way to assure you of the best nursing writing services than providing nursing writing help from peers who are ahead of you and have only the best interests at heart. Only the best nursing assignment writers will handle your request for the best nursing writing service because your communication can get through to them. Knowing the potential nursing writing help that you seek from the way you frame your request is the hallmark of a writer who provides expert nursing writing services. This is because, with their knowledge, there is likely less room for misunderstood requests when you are seeking the best nursing writing service you need.

How it Works

Place an Order

Provide your contact information, select an order type, and describe your requirements. This isn’t going to take long!

Image showing step 1 of making an order
Image showing how to make payment for your order

Select an Appropriate Writer

We’ll match your specifications with our available authors after we have all of the relevant information concerning your order.

Image showing how to download your completed results

Enjoy the End Product

One of our specialists will fulfill your purchase according to your specifications so that you are happy with the end result.

Why Choose us?

Free Revisions

We understand that not always out tutors could catch all details required which arises a s a result of miscommunication or inadequate information provided. However, we are always eager to provide you with free revisions till we get it right with your Nursing Papers.

Quality Non-plagiarized Nursing Papers

Our Professional Team of Nursing Writers always adhere to quality standards and plagiarism policy. Furthermore, we employ Quality Control Tools to ensure you get Custom Written Nursing Paper. Every paper is reviewed by an independent editor for syntax errors before submission

Professional Nursing Writers

At NursingPapersLib.com, we specialize in Nursing Homework Help Services only. Thus, this allows us to cater to our nursing students and get high qualified nursing tutors who will deliver exceptional results in nursing papers

Flexible Pricing

We always endear to provide best prices that matches our quality and your budget. This is why we provide a pricing mechanism based off several factors such as length, level of education and type of assignment. our pricing are highly competitive across the industry standard prices.