8 Jason London 1:09 PM Week 9- Cash Flow Using the cash flow chart complete the following: Start Up Loan $25000 Assignment 1 - Purchased our raw materials paid cash Production cost - invoice for branding pay 50%cash/Accounts Payable 50% don't forget to add the value to your inventory and equity. Assignment 2 - Sold final merchandise 50% of our purchased inventory, 50%cash/50% receivable invest into your business $5000 withdraw from business for personal reasons $3000 pay 3 bills rent $2500/mth telephone $100/mth internet $109/mth salaries as below all new services in Jan add $100 set up cost/hookup Complete the chart for 12 month cycle, increasing merch sales by 10% for 6 months and then 15% for 4 months, 3% for remaining 2 months Other revenue - Service Revenue Jan = $1000 this can increase by 3% each month Each month recievables increase based on original cash/recievable split, and you collect 30% of the previous months closing each month. rent is fixed @ $2500/mth. Salaries fixed amount 1500/mth le, your pay Variable salaries Jan $450 and it increases by 7% every month Car/ins - $320/$300 fixed monthly Gas $150/Wk Use original transaction as your first cash inflows/receivables Don't forget your loan/interest payments, 6% interest on loan is paid separate from principle. Based on principle, declining balance