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A grocery shop has the following sales and purchases estimates for Aug/Sep/Oct/Nov and Dec Aug Sep Oct Nov Dec Sales 400 700 800 1000 200

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A grocery shop has the following sales and purchases estimates for Aug/Sep/Oct/Nov and Dec Aug Sep Oct Nov Dec Sales 400 700 800 1000 200 Purchases 600 200 400 700 100 Suppose 80% of sales are for cash, 10% are collected one month later, and 10% are collected two months later. All purchases are on a cash basis (Paid within the same month). The company will receive an extra income from other sources in Oct in the amount of 100. The company will pay 200 as a rent expense every month. The company will distribute dividends in the amount of 400 to its stockholders in Dec. The firm wishes to maintain a minimum cash balance of $15. The beginning cash balance in October is $20 Based on the information above, find the following. Total Cash receipts in Oct. Total Cash receipts in Dec in the amount of 100. The company Time left 1:01:2 a rent expense every month. The co distribute dividends in the amount of 400 to its stockholders in Dec. The firm wishes to maintain a minimum cash balance of $15. The beginning cash balance in October is $20 Based on the information above, find the following. Total Cash receipts in Oct. Total Cash receipts in Dec Total Cash disbursements in Dec. Net Cash flow in Oct. Beginning cash balance in Nov

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