Reference no: EM133662507

Question: Y1 Revenue Sales 269,500 Total operating revenue 269,500 Cost of goods sold Direct labor 63,800 Direct raw materials 126,500 Total cost of goods sold 190,300 Gross profit 79,200 Operating expenses Promotion 20,000 Fixed operating expenses 40,000 Depreciation and amortization 14,166 Total operating expenses 74,166 Operating profit, EBIT 5,034 Financial revenue and expenses Interest expenses 7,906 Total financial revenue and expenses (7,906) Profit before tax (2,872) Net income (2,872) Cash Flow Budget Q3 Y1 Operating activities Cash receipts from customers 269,500 Cash paid to suppliers (230,000) Cash paid to employees (116,160) Cash paid to marketing and sales (20,000) Cash paid to utilities (40,000) Interest paid (7,906) Net cash from operating activities (144,566) Investing activities Research and development (75,000) Net cash from investing activities (75,000) Financing Loan repayment (31,063) Net cash from financing activities (31,063) Net increase in cash (250,629) Beginning cash 130,680 Beginning overdraft 0 Ending cash 0 Ending overdraft 119,949 How much do you pay in fixed operating expenses? What is your budgeted gross profit? What is your budgeted net income? What is your budgeted cash at the end of this quarter?