SALES REVENUE 2018

nov.-17 ($ 13.441,00)
dic.-17 ($ 13.029,00)
ene.-18 ($ 12.945,00)
feb.-18 ($ 14.794,00)
mar.-18 ($ 16.643,00)
abr.-18 ($ 18.492,00)
may.-18 ($ 20.341,00)
jun.-18 ($ 22.191,00)
jul.-18 ($ 24.040,00)
ago.-18 ($ 22.191,00) +
sept.-18 ($ 20.341,00) +
oct.-18 ($ 18.492,00) =
nov.-18 ($ 16.643,00)
dic.-18 ($ 14.794,00)
TOTAL 2018 ($ 221.907,00)

REFERENCES
ASSUMPTIONS CASH INFLOWS
All sales are on credit
30% of customers will pay off their accounts in the month of sale
60% will pay off their accounts in the month following the sale
10% of customers will pay off their acounts in the second month following the sale

SAMPLE JANUARY CASH COLLECTION %

30% of january's sales: 30%
60% of december 2017's sales: 60%
10% of november 2017's sales: 10%
total collections in january 2018

ASSUMPTIONS CASH OUTFLOWS

Cost of materials is 27% of sales
Products manufactured in january to be sold in february (one month in advance)
Orders all raw materials it needs for january's production schedule one month ahead of time (december)
Makes all purchases on credit and pays all cash the month after the purchase
 $ TOTAL
($ 12.945,00)($ 3.883,50)
($ 13.029,00)($ 7.817,40)
($ 13.441,00)($ 1.344,10)
($ 13.045,00)

ime (december)
 2017
nov dec jan feb mar
CASH INFLOWS
Sales (reference only, not a cash flow)

Cash collections on sales

30% in month sale
60% in first month after sale
10% in second month after sale
total collections
other cash receipts -$ -- -$ -- -$ -- -$ -- -$ --
Total cash inflows
 2018
apr may jun jul aug sep oct nov

-$ -- -$ -- -$ -- -$ -- -$ -- -$ -- -$ -- -$ --
dec

-$ --
 2017
nov dec jan feb mar
Sales (reference only, not a cash flow)

Raw materials (27% of sales two months

ahead-reference only, not a cash flow)
Payments for materials purchases:
100% in month after purchase
 2018
apr may jun jul aug sep oct nov
 2019 forecast
dec jan feb
-$ 14.342- -$ 14.794-
 ASSUMPTIONS CASH OUTFLOWS
Remaining cash outflows are all direct expenses pid for in the mon

1. Production expenses other than purchases are equal to purchases (production costs are split even
2. Sales and Marketing expenses are 18.025% of sales e
3. General and administrative expenses are $903,000 e
4. Interest expense is expected to be $2,971 for the year. We assume that expense wil
5. Expected income tax bill for 2018 is $19,980,. The bill will be paid in four installment
6. The company expects to declare four quaterly dividends of $6,098 in 2018. These will be p
UMPTIONS CASH OUTFLOWS
direct expenses pid for in the month incurred as follows:

ses (production costs are split evenly between materials cost and other production costs)
g expenses are 18.025% of sales each month
istrative expenses are $903,000 each month
year. We assume that expense will be paid all at one time in december 2018
bill will be paid in four installments in april, june, september, and december.
s of $6,098 in 2018. These will be paid in march, june, september, and december.
 2017
nov dec jan feb mar
Sales (reference only, not a cash flow)

Raw materials (27% of sales two months

ahead-reference only, not a cash flow)
Payments for materials purchases:
100% in month after purchase
Other cash payments:
production costs other than purchases
selling and marketing expenses
general and administrative expenses
interest payments
tax payments
dividend payments
Total cash outflows
 2018
apr may jun jul aug sep oct nov
 2019 forecast
dec jan feb
-$ 14.342- -$ 14.794-
 2018
jan feb mar apr may jun
Total cash inflows
Total cash outflows
Net cash gain (loss)
2018
jul aug sep oct nov dec
 ASSUMPTION
A cash balance of $65,313 at the beggining of january 2018, a desired optimal target cash balance of $65,000 and a short-term

dec 2017 jan feb mar

CASH FLOW SUMMARY:
1. Cash balance at start of month
2. Net cash gain (loss) during the month
3. Cash balance at the end of month before financing
4. Optimal cash balance desired
5. surplus cash (deficit) (line 3-4)

EXTERNAL FINANCING SUMMARY:

6. External financing balance at start of month
7. New financing required (negative amount on line 5)
8. Financing repayments (positive amount on line 5)
9. External financing balance at end of month -$ 302-

10. Cash balance at end of month after financing (balance

on line 3+new financing on line 7-repayments on line 8)
 ASSUMPTION
f $65,000 and a short-term loans of $302 outstanding at the beggining of the month.

2018
apr may jun jul aug sep oct nov
dec
 2017
nov dec jan feb
CASH INFLOWS:
Sales (reference only, not a cash flow)

Cash collections on sales

30% in month sale
60% in first month after sale
10% in second month after sale
total collections
other cash receipts -$ -- -$ -- -$ -- -$ --
Total cash inflows
CASH OUTFLOWS:
Raw materials (27% of sales two months ahead-reference
only, not a cash flow)
Payments for materials purchases: 100% in
month after purchase
Other cash payments:
production costs other than purchases
selling and marketing expenses
general and administrative expenses
interest payments
tax payments
dividend payments
Total cash outflows
NET CASH GAIN (LOSS)

CASH FLOW SUMMARY:

1. Cash balance at start of month
2. Net cash gain (loss) during the month
3. Cash balance at the end of month before financing
4. Minimum cash balance dsired
5. surplus cash (deficit) (line 3-4)

EXTERNAL FINANCING SUMMARY:

6. External financing balance at start of month
7. New financing required (negative amount on line 5)
8. Financing repayments (positive amount on line 5)
9. External financing balance at end of month -$ 302-
10. Cash balance at end of month after financing (balance
on line 3+new financing on line 7-repayments on line 8)
 2018
mar apr may jun jul aug sep oct

-$ -- -$ -- -$ -- -$ -- -$ -- -$ -- -$ -- -$ --
nov dec

-$ -- -$ --