TUGAS MANAJEMEN KEUANGAN

PIEPKORN MANUFACTURING WORKING CAPITAL MANAGEMENT

OLEH KELOMPOK 4
1. SUTRISNO HARIADI I2A02310046
2. PUTRA ABU YAZID PAQIH I2A02310033
3. M. ARYA JAMSURY I2A02310021
4. DWI SUSANTI, SAP I2A02310013
5. RENTY DIANA RASIO I2A02310037
6. NAJWA A’YUNI FARHAN I2A32310004
KASUS 3

No 1
PIEPKORN MANUFACTURING
Anggaran Kas
Q1 Q2 Q3 Q4
Target cash balance 305.000.00 155.222.22 237,777.78 337,333.33
Net cash inflow (149,777,78) 82,555.56 99,555.56 (373,666.67)
Ending cash balance 155,222.22 237,777.78 337,333.33 (36,333.33)
Minimum cash balance 125,000,00 125,000.00 125.000.00 125.000.00
Cumulative surplus (deficit) 30,222.22 112,777.78 212.333.33 (161,333.33)

PIEPKORN MANUFACTURING
Rencana Keuangan Jangka Pendek
Q1 Q2 Q3 Q4
Target cash balance 125.000.00 125.000.00 125.000.00 125.000.00
Net cash inflow (149,777,78) 82,555.56 99,555.56 (373,666.67)
New short-term investment 0 (82,875.78) (100,704.54) -
Income from short-term investment 1.800.00 320,22 1.148.98 2,156.03
Shor-term investment sold (147,977,78) - - (215,602.54)
New short-term borrowing - - - 155,908.11
Interest on short-term borrowing - - - -
Short-term borrowing repaid - - - -
Ending cash balance 125,000.00 125,000.00 125,000.00 125,000.00
Minimum cash balance (125,000.00) (125.000.00) (125.000.00) (125.000.00)
Cumulative surplus (deficit) 0 0 0 0
Beginning short-term investment 180,000.00 32,022.22 114,898.00 215,602.54
Ending short-term investment 32,022.22 114,577.78 215,602.54 -
Beginning short-term debt - - - -
Ending short-term investment - - - 155,908.11

Net cash cost = Q1 $1,800.00

Q2 320.22
Q3 1,148.98
Q4 2,156.03
Cash generated by short-term financing $5,425.23
No 2
PIEPKORN MANUFACTURING
Anggaran Kas
Q1 Q2 Q3 Q4
Target cash balance 305.000.00 155.222.22 237,777.78 337,333.33
Net cash inflow (149,777,78) 82,555.56 99,555.56 (373,666.67)
Ending cash balance 155,222.22 237,777.78 337,333.33 (36,333.33)
Minimum cash balance (100,000,00) (100,000,00) (100,000,00) (100,000,00)
Cumulative surplus (deficit) 55,222.22 137,777.78 237.333.33 (136,333.33)

PIEPKORN MANUFACTURING
Rencana Keuangan Jangka Pendek
Q1 Q2 Q3 Q4
Target cash balance 100.000.00 100.000.00 100.000.00 100.000.00
Net cash inflow (149,777,78) 82,555.56 99,555.56 (373,666.67)
New short-term investment 0 (83,128.28) (100,959,56) -
Income from short-term investment 2,050.00 572.72 1.404.01 2,413.60
Shor-term investment sold (147,727,78) - - (214,133.33)
New short-term borrowing - - - 129,893.01
Interest on short-term borrowing - - - -
Short-term borrowing repaid - - - -
Ending cash balance 100,000.00 100,000.00 100,000.00 100,000.00
Minimum cash balance 100,000,00 100,000,00 100,000,00 100,000,00
Cumulative surplus (deficit) 0 0 0 -
Beginning short-term investment 205,000.00 57,272.22 140,400.50 241,360.06
Ending short-term investment 57,727.22 140,400.50 241,360.06 -
Beginning short-term debt - - - -
Ending short-term investment - - - 129,831.01

Net cash cost = Q1 $2,050.00

Q2 572.72
Q3 1,404.01
Q4 2,413.60
Cash generated by short-term financing = $6,440.33

No 3
Penjualan bersih Q1 = ($1.310.000)(,40)(1-.01) + $1.310.000(,60)
Penjualan bersih kuartal pertama $1.304.760
Penjualan bersih Q2 = ($1,390,000)(.40)(1 – .01) + $1,390,000(.60)
Penjualan bersih Q2 = $1,384,440
Penjualan bersih Q3= ($1,440,000)(.40)(1 – .01) + $1,440,000(.60)
Penjualan bersih Q3= $1,434,240
Penjualan bersih Q4= ($1,530,000)(.40)(1 – .01) + $1,530,000(.60)
Penjualan bersih Q4= $1,523,880
 PIEPKORN MANUFACTURING
Anggaran Kas
Q1 Q2 Q3 Q4
Target cash balance $305.000 $399.522.67 $491.757.33 $595.077.33
Net cash inflow $94.522.67 $92.234,67 $103.320.00 $(362.642.67)
Ending cash balance $399.522.67 $491.757.33 $595.077.33 $232.434.67
Minimum cash balance $100.000 $100.000 $100.000 $100.000
Cumulative surplus (deficit) $299.522.67 $391.757.33 $494.077.33 $132.434.67

PIEPKORN MANUFACTURING
Rencana Keuangan Jangka Pendek
Q1 Q2 Q3 Q4
Target cash balance $100.000.00 $100.000.00 $100.000.00 $100.000.00
Net cash inflow $94.522.67 $92.234.67 $103.320.00 ($362.642.67)
New short-term investment (96.572.67) ($95.250.39) ($107.288.23) $0
Income from short-term investment $2.050.00 $3.015.73 $3.968.23 $5.041.11
Shor-term investment sold - - - 357,601.55
New short-term borrowing - - - -
Interest on short-term borrowing - - - -
Short-term borrowing repaid - - - -
Ending cash balance $100.000.00 $100.000.00 $100.000.00 $100.000.00
Minimum cash balance $100.000 $100.000 $100.000 $100.000
Cumulative surplus (deficit) $205,000.00 $301,572.67 $396,823.06 $504,111.29
Beginning short-term investment $301,572.67 $396,823.06 $504,111.29 $146,509.74
Ending short-term investment -
Beginning short-term debt - - - -
Ending short-term investment - - - -
Tingkat Bunga efektif
Diskon / Jumlah diskon dimanfaatkan : EAR = [ 1 + (.01/.99)] ^363/30 – 1
EAR = 13,01%
No 4
PIEPKORN MANUFACTURING
Anggaran Kas
Q1 Q2 Q3 Q4
Target cash balance $305.000 $404.425.44 $506.737.89 $620.232.89
Net cash inflow $99.425.44 $102.312.44 $113.495.00 $(350.299.61)
Ending cash balance $404.425.44 $506.737.89 $620.232.89 $269.933.28
Minimum cash balance $100.000 $100.000 $100.000 $100.000
Cumulative surplus (deficit) $304.425.44 $406.737.89 $520.232.89 $169.933.28

PIEPKORN MANUFACTURING
Rencana Keuangan Jangka Pendek
Q1 Q2 Q3 Q4
Target cash balance $100.000.00 $100.000.00 $100.000.00 $100.000.00
Net cash inflow $99.425.44 $102.312.44 $113.495.00 ($350.299.61)
New short-term investment ($101.475.44) ($105.377.20) ($117.613.53) 0
Income from short-term $2.050.00 $3.064.75 $4,118.53 $5.294.66
investment
 Shor-term investment sold - - - 345.004.95
New short-term borrowing - - - -
Interest on short-term borrowing - - - -
Short-term borrowing repaid - - - -
Ending cash balance $100.000.00 $100.000.00 $100.000.00 $100.000.00
Minimum cash balance $100.000 $100.000 $100.000 $100.000
Cumulative surplus (deficit) 0 $0 $0 $0
Beginning short-term investment $205.000.00 $306..475.44 $411.852.64 $529.466.17
Ending short-term investment $306.475.44 $411.852.64 $529.466.17 $184.461.22
Beginning short-term debt - - - -
Ending short-term investment - - - -
Tingkat Bunga efektif
Diskon / Jumlah diskon dimanfaatkan
EAR = [ 1 + (.015/.985)]^365/25 - 1
EAR = 24,69%
Keterangan koreksi jawaban dari diskusi kelompok kami;
1. Nomer 1 & 2 warna kuning menunjukkan perbedaan jawaban namun sudah di
perbaiki sesuai dengan jawaban yang benar
2. Nomer 3 & 4 warna biru menunjukkan jawaban yang sama dan untuk jawaban
yang berbeda sudah di perbaiki juga