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The Sun Shine company was established in response to the growing demand for hair products for the new, Individual Afro hairstyles, and the wet look

image text in transcribed The Sun Shine company was established in response to the growing demand for hair products for the new, Individual Afro hairstyles, and the wet look pem styles. Use the following information to draw the estimated cash-flow statement for the next four months. At the beginning of March 2011 there was a favourable bank balance of R25 000 . UileI invindion 1. Sunshine buys a new delivery van in March. They pay R18 000 deposit and their monthly payments thereafter are R2 200 for the next twenty-four months. 2. Their average expenses per month are: 3. In April they will sell one of their old machines for R20 000 cash. 4. In May they will buy new equipment. The deposit will be R15 000 and the monthly instalments thereafter will be R 5000 for the next twenty-four months. 5. The Sun Shine company was granted a R25 000 loan in January 2011 by the localbank. The monthly repayments are R 1200 per month. 6. 20% of the purchases are on credit paid after 30 days The Sun Shine company was established in response to the growing demand for hair products for the new, Individual Afro hairstyles, and the wet look pem styles. Use the following information to draw the estimated cash-flow statement for the next four months. At the beginning of March 2011 there was a favourable bank balance of R25 000 . UileI invindion 1. Sunshine buys a new delivery van in March. They pay R18 000 deposit and their monthly payments thereafter are R2 200 for the next twenty-four months. 2. Their average expenses per month are: 3. In April they will sell one of their old machines for R20 000 cash. 4. In May they will buy new equipment. The deposit will be R15 000 and the monthly instalments thereafter will be R 5000 for the next twenty-four months. 5. The Sun Shine company was granted a R25 000 loan in January 2011 by the localbank. The monthly repayments are R 1200 per month. 6. 20% of the purchases are on credit paid after 30 days

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