Question
Hi, Kindly,help me in answering following questions: Below is the information for the will find the performance budget and budgeted balance for ASHereWeGo.Also,finance officer will
Hi,
Kindly,help me in answering following questions:
Below is the information for the will find the performance budget and budgeted balance for ASHereWeGo.Also,finance officer will also find some prerequisites for the new budgets.
Theffinance person is required to set up the liquidity budget according to the direct method where he/she show a change in Cash/Bank. Use a decimal. The layout should be three-piece.
The finance officer will use the budgets below when you set up the liquidity budget.(attached)
If he/she think to need to make assumptions in some places , they must be clarified.
The company shall pay instalments on the long-term debt by NOK 1,450
The company shall sell fixed assets with a book value of NOK 250
Value Added Tax 25%
Use 365 days when calculating credit ids
Vat paid next year will be NOK 1,444
Accounts payable is entirely linked to goods purchases.
budgets attatched.
Kindly,help.
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