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Betsy has also provided you with the following expenditure information that you will need to consider when preparing your cash flow budget. This data has
Betsy has also provided you with the following expenditure information that you will need to consider when preparing your cash flow budget. This data has been sourced from historical data, committed costs for the B&B and Marino Enterprises policy: - Marino Enterprises' overheads are $2000. All individual businesses and departments pay this overhead in August of each year. - Lease payments are $1,500 monthly. - Combined insurance coverage to increase to $1,400 per year paid in two equal payments in March and September. - General repairs and maintenance to the property of $4,800 pa to be budgeted monthly. - Digital marketing and advertising costs will be $2,400 pa, payable monthly. - Charges for out-sourced laundering is $800 per month. - Electricity charges are payable every quarter as follows: - September: $2,200 - December: $2,000 - March: $2,400 - June: $3,000
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