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  • Solution To Lecture 6 'Sandy Lane'

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    Thang Nguyen
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    Sandy Lane's cash flow forecast projects cash inflows and outflows over 4 months. It estimates receiving £5,500 from a maintenance loan and £100 from parents. Wages of £432 per month are expected from a £7.20 hourly job. Major cash outflows are £700 for a laptop, £2,600 for accommodation, £1,000 for food, and £1,400 for socializing. The forecast estimates a positive cash flow of £928 by December.

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    Solution to Lecture 6 'Sandy Lane'

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    Sandy Lane's cash flow forecast projects cash inflows and outflows over 4 months. It estimates receiving £5,500 from a maintenance loan and £100 from parents. Wages of £432 per month are expected from a £7.20 hourly job. Major cash outflows are £700 for a laptop, £2,600 for accommodation, £1,000 for food, and £1,400 for socializing. The forecast estimates a positive cash flow of £928 by December.

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    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
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    6 views1 page

    Solution To Lecture 6 'Sandy Lane'

    Uploaded by

    Thang Nguyen
    Sandy Lane's cash flow forecast projects cash inflows and outflows over 4 months. It estimates receiving £5,500 from a maintenance loan and £100 from parents. Wages of £432 per month are expected from a £7.20 hourly job. Major cash outflows are £700 for a laptop, £2,600 for accommodation, £1,000 for food, and £1,400 for socializing. The forecast estimates a positive cash flow of £928 by December.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
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    Sandy Lane's Cash Flow Forecast for the four months to December

    September October November December Total


    CASH IN
    Maintenance Loan 5,500 5,500
    Parents contribution 100 100
    Wages (60 x £7.20) 432 432 432 432 1,728
    Total cash received 6,032 432 432 432 7,328
    -
    CASH OUT -
    Laptop 700 700
    Accomodation 650 650 650 650 2,600
    Food 250 250 250 250 1,000
    Books 180 180
    Transport 30 30 30 30 120
    Socialising 350 350 350 350 1,400
    Sundries 100 100 100 100 400

    Total cash paid 2,260 1,380 1,380 1,380 6,400

    Net cash flow 3,772 -948 -948 -948 928


    Opening Balance 52 3,824 2,876 1,928 52
    Closing Balance 3,824 2,876 1,928 980 980

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