GROUP ASSIGNMENT ( 20%)… CONSTRUCT CASH BUDGET FOR COMPANY

GROUP PRESENTATION (10%)….. WEEK 12 ( 13-17/5/2019)

1. Choose one company ( based on your individual assignment )

2. Each group must present different company.

3. Student must forecast or construct a cash budget for 5 years .Eg : from year
2019 untill 2023.

4. Use Annual Report ( based on your individual assignment ) as your guideline

to forecast for the company yearly cash budget.

5. Students may refer Annual Report or Financial Report ( print only the
INCOME STATEMENT and BALANCE SHEET as an appendices )and may choose
Company or Group ( for complete figure ).

6. Method of forecasting sales

Only sales figures will apply this method

Average sales method
Example:
2015 2016 2017
Sales 100,000 120,000 135,000

% 2015-2016 (120,000-100,000) / 100,000 = 20%

%2016-2017 ( 135,000 – 120,000) / 120,000 = 12.5%
* Average sales : (20% +12.5%) / 2 = 16.25%, so , yearly sales forecast will use
16.25% increase.

7. Other items in cash budget such as purchases, cash receipt and cash
disbursement may refer the income statement and balance sheet items
based on the chosen company.

8. Student may predict and justify all the related figures and refer the example
in past year examination paper as a guideline.

Thank you…..