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advise on question 18,19,20 how to calculate to get the right answer Question 18 (3 pts) Compute the forecasted income for the 2ndtrimester 2020 Question

advise on question 18,19,20
how to calculate to get the right answer image text in transcribed
Question 18 (3 pts) Compute the forecasted income for the 2ndtrimester 2020 Question 20 (3 pts The balance sheet of a company as at N/12/31 is provided below (amount in ): Balance April 650.000 422.500 May 760.000 494,000 Amount in Sales forecast. CAVAT Raw material purchases forecastexcl. VAT) Other expenses forecast excl. VAT) 110.000 526,500 Asset Gross Fixed Assets 2,067.000 Liabilities Stockholders' Equity 786.000 72.000 72.000 72 000 Depreciation 840,000 Reserves 259.000 90.000 Net Fixed Assets 1.227.000 Retained earnings of N Social taxes due Depreciation 45.000 90.000 45.000 12.000 45,000 12,000 130.000 12,000 Accounts receivable 830.000 Loans 240.000 Cash 231.000 Accounts payable 700.000 320,400 120.000 165.000 275.400 Social and fiscal taxes payable Total Liis 93.000 Total Assets 2,285,000 200.000 Question 19 (3 pts) The balance sheet of a company as at N/12/31 is provided below (amount in ) Gross Fixed Assets 2,067,000 Liabilities Stockholders' Equity Other information: Monthly depreciation for N. 1: 12,000 Accounts receivable forecasted on N. 1/12/31: 650.000 Cash budget on N.1/12/31: 245.000 Compute the amount of total Assets as at N:1/12/31 1.978,000 2.110,000 2.122.000 2.288,000 786,000 Depreciation 840,000 Reserves 259.000 Net Fixed Assets 1.227,000 Retained earnings of N Loansdisplayed 1130.000 Accounts receivable 830.000 240.000 Cash 231.000 Accounts payable 780,000 Social and fiscal taxes pable Total Ubilities 93.000 Total Assets 2,288,000 2.280.000 Question 21 (3 pts BONUS QUESTION No penalty it wrong answer The budgeting process allows to: What would be the Reserves' amount on the balance sheet as at N1/12/317 130,000 259.000 OOOO Avoid the past errors of the company Prepare a yearly plan for the future of the company Improve the present of the company Forecast the company's activity on a short term 1 year 1.045,000

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