FACULTY OF BUSINESS MANAGEMENT

FIN420 FINANCIAL
52/100
GROUP N4BA2503

CASH BUDGET – QUESTION 1

UQASHA CORPORATION

STUDENT NAME ID NUMBER

AHMAD BADRI BIN MOHAMMAD ZAM ZAM 2022214836

MOHD HILME BIN MAT ZIN 2022288654

MUHAMMAD ZULKHAIRI BIN MOHD ZULKIFLI 2022691274

IZZA ZAFIRAH BINTI MUHAMMAD RIZAL 2022289908

PUTRI NURUL HIDAYAH BINTI AHMAD NAZRI 2022672392

NUR HAZIQAH BINTI SAKEH 2022206048

LECTURER NAME: DR. NURAZILAH BINTI ZAINAL

SUBMISSION DATE: 15/07/2023

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QUESTION 1

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 Cash Budget for Uqasha Corporations for Third Quarter 2016

MAY JUNE JULY AUG SEPT OCT NOV

MONTHS
(‘000) (‘000) (‘000) (‘000) (‘000) (‘000) (‘000)
1. CASH INFLOW

Collections:
CASH SALES (20%) 400 600 1,000 1,000 1,200 600 400
CREDIT 1-MONTH (80%) 1,600 2,400 4,000 4,000 4,800 2,400
CREDIT 2-MONTH (15%) 450 750 750 900 450
CREDIT 3-MONTH (4%) 200 200 240 120
DIVIDEND 50
Total cash inflow 400 2,200 3,850 5,950 6,150 6,590 3,370
2. CASH OUTFLOW

Payments:
PURCHASES (65%) - 1
MONTH AFTER 1,300 1,950 3,250 3,250 3,900 1,950
CREDIT PURCHASE-
1MONTH 1,300 1,950 3,250 3,250 3,900
NEW MACHINE 400
TAXATION 500
RENTAL 100 100 100 100 100 100 100
CASH EXPENDITURE
(3%) 60 90 150 150 180 90 60
LABOR EXPENSES (1%) 20 30 50 50 60 30
INTEREST PAYMENT 310
Total cash outflow 1,580 2,750 3,890 3,900 4,090
3. CASH
RECONCILIATION
Net cash flow (inflow-
outflow) 2,270 3,200 2,260 2,690
(+) Beginning cash balance 300 3,500 5,760
(-) Interest on borrowing

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Ending cash balance 300 3,500 5,760 8,450
(-) Minimum cash balance 300 300 300
Cash surplus (Deficit) 3,200 5,460 8,150