TASK 02 Ronaldo Limited- Cash budget for the six-month period ending 31

January 2017

Aug-16 Sep-16 Oct-16 Nov-16

Cash inflows
Receipts from debtors - - $ 250,000.00 $ 375,000.00
Total cash inflows - - $ 250,000.00 $ 375,000.00

Cash outflows
Cash purchases $ 110,000.00 $ 87,500.00 $ 100,000.00 $ 60,000.00
Payments to creditors - $ 110,000.00 $ 87,500.00 $ 100,000.00
Wages $ 800,000.00 $ 800,000.00 $ 800,000.00 $ 800,000.00
Overheads - $ 350,000.00 $ 350,000.00 $ 350,000.00
Purchase of van - $ 50,000.00 - -
Total cash outflow $ 910,000.00 $ 1,397,500.00 $ 1,337,500.00 $ 1,310,000.00

Net cash flow $ (910,000.00) $ (1,397,500.00) $ (1,087,500.00) $ (935,000.00)

Opening balance $ (100,000.00) $ (1,010,000.00) $ (2,407,500.00) $ (3,495,000.00)
Closing balance $ (1,010,000.00) $ (2,407,500.00) $ (3,495,000.00) $ (4,430,000.00)
 Dec-16 Jan-17

$ 180,000.00 $ 480,000.00
$ 180,000.00 $ 480,000.00

$ 135,000.00 $ 185,000.00
$ 60,000.00 $ 135,000.00
$ 800,000.00 $ 800,000.00
$ 350,000.00 $ 350,000.00
- -
$ 1,345,000.00 $ 1,470,000.00

$ (1,165,000.00) $ (990,000.00)
$ (4,430,000.00) $ (5,595,000.00)
$ (5,595,000.00) $ (6,585,000.00)