4 WOULD they lend money to someone who has money but NOT WILLING TO PAY, or to someone

WHO HAS NO MONEY BUT WILLING TO PAY? JUSTIFY THE ANSWER

5 Complete the Cash Flow Statement of the LOVE KO SI SIR COMPANY:

MARCH APRIL MAY JUNE

Cash Receipts:

Cash sales 420 520 650 780

Collections 120 322 154 220

Proceeds of loan 100 ___________________________

Total Cash Receipts _______________________________

Cash Disbursements:

Salaries 25 25 35 35

Utilities 11 12 13 22

Insurance 4 4 4 5

Miscellaneous 10 22 26 24____

Total Cash Disburs. ____________________________

Net Cash Flow _____ ________________ _______

Add: Cash Begin. 32 ____________________________

Cash at the end _____ _______ _______ _________