c F Month Revenue 3 January 4 February 5 March 6 April 7 May 8 June B Sales (5) Cash Credit Card $10.000 $20,000 $20,000 $120.000 $5.000 $20,000 $10.000 $30.000 590,000 $30,000 $30.000 $20.000 D E Expenses (5) Cash Check (530,000 (550.000) (560,000) ($35.000) ($10.000 ($10.000 (55,000 (540.000 (520.000 $40.000) ($10,000) (525.000 END OF PERIOD >>> $30,000 $140,000 $25,000 $40,000 $120.000 $50.000 G H Expenses Monthly Profit Beginning (Loss) Cash Inflow Cash Outflow Ending Cash Cash ($80.000) (550,000 $0 $10,000 (530,000) ($20,000) (395,000) 345.000 (520.000) $20.000 (560,000) (580,000) (520,000) $5,000 (560,000) $5,000 (510,000) ($65,000) (545.000 ($5.000 (565 000 $10,000 (55.000) (560,000 ($60.000 $60.000 (550.000 $90,000 ($20.000) $10,000 (535.000) $15.000 $10,000 $30,000 ($10,000) $30.000 Income St Cash FI St 12 13 14 15 16 17 18 Q1. Assume, the first quarter of the year consists of the months January, February, & March What are CIK Co.'s: a) First quarter Total Revenue (as it appears on the Income Statement) b) First quarter Total Expenses (as it appears on the Income Statement) c) First quarter Net Profit (as it appears on the Income Statement) Q2. What are CIK Co.'s: a) First quarter Cash Receipts (Cash Inflow) (as it appears on the Cash Flow Statement) b) First quarter Cash Disbursements (Cash outflow) (as it appears on the Cash Flow Statement) c) Cash at hand (cash balance) on March 31 (as it appears on the Cash Flow Statement) d) Cash at hand (cash balance) on June 30 (as it appears on the Cash Flow Statement) Q3. Calculate the following: Revenue ($) Profit ($) Cash at hand ($) Funding needed ($) End of First quarter End of Second quarter 04. Is CIK Co doing well, from a cash flow standing point? What are the financial indicators/metrics that inform your decision? What would you do to fix the problem if there is a