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Almad provided you with the following information on his restaurant. Create a 12-month cash flow forecast for his business. First: Opening balance for January -
Almad provided you with the following information on his restaurant. Create a 12-month cash flow forecast for his business. First: Opening balance for January - 10.000 JD Second: Income a) Forecast sales for the 12 months are as follows (in JDs): Jan 17.000 Feb 19.000 March 18.000 April May 15.000 11.000 June 8.000 July 6,000 Aug Sep Oct 8.000 11,000 18.000 Nov 21.000 Dec 22.000 b) Loan in January 13,000 JD Third: Expenditure a) Raw Materials 12.500 JD for October, November and December. Raw Materials 2.500 JD for the remaining months. b) Utilities 700 JD per month c) Insurance 600 JD per month d) Salaries 4,000 JD per month. e) Rent for the premises 1,500 JD per month. f) Loan repayments 1,200 JD per month from February Onwards. 8) Advertising 200 JD per month h) New cooking equipment 20,000 JD in November i) Delivery van 8,000 JD in May. j) Fuel for the van 200 JD per month from May onwards
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