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You manage the Ava and Maddie landscaping supply business as you need to update the June cash flow statement This worksheet has twelve questions related
You manage the Ava and Maddie landscaping supply business as you need to update the June cash flow statement
This worksheet has twelve questions related to the material in Unit 3. Some questions have several parts to them. This is a fillable PDF so answer the questions in the spaces provided. Question 1: Cash Flow You manage the Ava.\& Maddie landscaping supply business and you need to update the June Cash Flow statement. - The company did $200,000 worth of business in April. Customers wait 30 to 45 days to pay the company's invoices so the income in April will come in early June. - Fixed costs for the company are $50,000 per month. - Variable costs for June were $15,000. - Plus, you know you need to purchase a new trailer in April with the first of 6 monthly payments of $2,000 due in June. Part 1: Given this, complete the cash flow forecast for June by filling in the highlighted cellsStep by Step Solution
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