Our Services

Get 15% Discount on your First Order

[rank_math_breadcrumb]

Financial decisions making

Description

Case study(1) Academic Year 2023-2024
Case study (1)
course
Financial Decision Making (MB 500)
Class instructor
Dr. Hossam Sharawi
Section
Accounting & Finance
27/07/2024
JIC
Exam`s Date
College
Student Name
ID
Number of Exam Pages
3 Pages
Instructor’s Signature
Dr. Hossam Sharawi
Reviewer’s Signature
Instructions:
1- Make sure that your exam sheet is 3 papers including the cover page.
2- Write your name and student ID number in the fields above.
3- Read the exam carefully and answer all the questions.
4- A calculator is allowed.
5- You are not permitted to share calculators or any other materials during the exam .
1st: Knowledge 40% (…Marks)
Question Number
Mark
CLOs
PLOs
1
4
1.1
K1
Q1
10
Total/K
Question Number
Total/s
Total
4
2nd: Skills 60 % (…Marks)
Mark
CLOs
PLOs
6
2.1
K2
10
6
3rd : values …% (…Marks)
Total/v
Total
Mark
1
The First question: Answer the following case study
10 Marks
A company is concerned about its cash flows, so it has requested the accountant to prepare a
cash budget for the three months ending on June 30, 2024. Below are the provided data:
Month
Jan
Feb
Mar
Sales
140,000
110,000
130,000
Purchases
80,000
96,000
86,000
Salaries
50,000
1. Sales are expected to increase by 15% each month, and purchases are expected to increase by
10% each month starting from April.
2. The company’s collection policy is to collect 25% in the same month of the sale, 45% in the
following month, and the remaining after two months from the sale date.
3. The payment policy for purchases is to pay 22% in the same month, 30% in the following
month, and the remaining after two months from the purchase date.
4. The company expects a 14% increase in salaries starting from February until May and a 5%
increase starting from June.
5. Rent is 150,000 annually, paid quarterly in January, April, July, and December of each year.
6. Dividend 25,000 SAR for 2022 will be paid in March 2024, with one-third in March 2024 and
the remainder in June 2024.
7. The company’s directors arranged a bank loan of 100,000 SAR, which will be added to the
company’s current account in July 2024.
8. The bank balance at the beginning of April 2024 is 80,000 SAR.
9. Cash sales represent 28% and credit purchases represent 27%.
Required: Prepare a cash budget for the company for the second quarter of 2024.
2
3

Purchase answer to see full
attachment

Share This Post

Email
WhatsApp
Facebook
Twitter
LinkedIn
Pinterest
Reddit

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

Disss.

Description Identify a current public health concern in Saudi Arabia (do not use COVID-19). Explain the corresponding Saudi Vision 2030 goal and national policy governing this concern. Address the following: • Identify the major issues associated with this global public health concern. • Describe the Saudi Vision 2030 goal pertinent

answer all q

Description Question 1 of 25 You don’t need to be the best salesperson to be the best coach. Option A True Option B False Question 2 of 25 Dialogues are used when speaking to your guests, monologues should be used when speaking to your team. Option A True Option B

Internship report and presentation

Description Field Training Report Student Trainee: ID. No: Name of the Company: Submitted to: (Academic Supervisor) Department of———————————————————Jubail Industrial College Acknowledgement (Font 14) Thank the company which gave you an opportunity to do the training and also thank all the individuals who helped and supervised you during the 15 weeks

DB-The Role of Management Accounting

Description The focus of this module is on the terminology and concepts that will be used throughout the course. It is important to learn this terminology and watch the videos to better understand the cost flows. Management Accounting Financial accounting and managerial accounting are subdivisions of accounting and play an

DB- The Role of Management Accounting

Description The Role of Management Accounting Management Accounting Financial accounting and managerial accounting are subdivisions of accounting and play an essential role within an organization. Discuss the major differences between managerial and financial accounting then apply your understanding to the following 4 scenarios. Discuss if these are managerial accounting or

Dis

Description Dis1. book managerial.  Management Accounting Financial accounting and managerial accounting are subdivisions of accounting and play an essential role within an organization. Discuss the major differences between managerial and financial accounting then apply your understanding to the following 4 scenarios. Discuss if these are managerial accounting or financial accounting

Dis 2.

Description Dis 2. Operations book Operations Management Carrefour is a French owned hypermarket operating in many places including Saudi Arabia. Consider Carrefour in Saudi Arabia when you, as a customer, judge the quality of the hypermarket. Explain how quality is evaluated, and the role of technology in the customer perception

ACT500 Discussion #01

Description I kindly need your help with the following question: Management Accounting Financial accounting and managerial accounting are subdivisions of accounting and play an essential role within an organization. Discuss the major differences between managerial and financial  accounting then apply your understanding to the following 4 scenarios.   Discuss if these

MGT521 Discussion #01

Description I kindly need your help with the following question: Change Roles in Your Organization Think about organizations that you are familiar with, organizations  where you work/ed, schools you’ve attended, or organizations with which  you associate. Identify and briefly discuss a change/s in the organization.   Discuss the change in

MGT530 Discussion #01

Description I kindly need your help with the following question: Hello everyone I hope you are doing great. I kindly need your help with the following question: Operations Management Carrefour is a French owned hypermarket operating in many places  including Saudi Arabia. Consider Carrefour in Saudi Arabia when you, as

MATH ZOOVV

Description Khalil entered the elevator, and the elevator moved without pressing any button. It went up 4 floors to get Badr in, and it went down 6 floors and Badr got out. On the same floor, Mishari got in, so the elevator went up one floor and Mishari got out.

499 dis h -1

Description First discussion should include the following questions ? Briefly describe your role in the internship? ? What differences have you noticed as you have transitioned from your role as student to intern? ? What new knowledge or skill did you learn since the beginning of the internship?

499 dis h-2

Description tudent should initiate a post and reply to at least 3 of their colleagues as this will open more interaction and expression among students as each student has his/her own unique experience. Second discussion should include the following questions What did you learn, either from reading or classroom discussions

Seeking Expert for PfMP Application File Writing

Description Request: I am looking for an expert to help me write my PfMP (Portfolio Management Professional) application file. The ideal candidate should be well-versed in the PfMP exam requirements and the specific criteria needed for the application. Requirements: The applicant must have a thorough understanding of the PfMP exam

499 dis 12

Description First discussion should include the following questions ? Briefly describe your role in the internship? ? What differences have you noticed as you have transitioned from your role as student to intern? ? What new knowledge or skill did you learn since the beginning of the internship?

499 dis 12

Description tudent should initiate a post and reply to at least 3 of their colleagues as this will open more interaction and expression among students as each student has his/her own unique experience. Second discussion should include the following questions What did you learn, either from reading or classroom discussions

Management Question

Description ‫إختبار الشهادة‬ ‫ا‪#‬سم‬ ‫أكمل النموذج با‪0‬جابة على ا‪:‬سئلة بشكل كامل قدر ا‪0‬مكان‪.‬‬ ‫● فكر في حدث قمت بحضوره‪ .‬يمكن أن يكون أي نوع من ا‪:‬حداث‪،‬‬ ‫الرياضية‪ ،‬ا‪W‬وسيقية ‪ ،‬الزفاف‪ ،‬الحف‪X‬ت‪ ،‬ا‪W‬ؤتمرات‪ ،‬إلخ‪.‬‬ ‫● قدم أكبر قدر ممكن من التفاصيل‬ ‫ما كان هذا الحدث؟‬ ‫● أي نوع من الحدث كان؟‬