. Short-term financial planning for the PDC Company was described earlier in this chapter. Refer to...

. Short-term financial planning for the PDC Company was described earlier in this chapter. Refer to the PDC Company’s projected monthly operating schedules in Table 6.2. PDC’s monthly sales for the re- mainder of 2017 are expected to be: September $80,000 October $100,000 November 130,000 December $160,000

A. Prepare PDC’s sales schedule, purchases schedule, and wages schedule for each of the last four months of 2017.

B. Prepare cash budgets for each of the last four months of 2017 for the PDC Company and describe how the forecast affects the end-of-month cash balances.

C. Prepare PDC’s projected monthly income statements for the August–December period.

D. Prepare PDC’s projected monthly balance sheets for the August–December period.

E. Prepare PDC’s projected monthly statements of cash flows for the August–December period.

F. Compare your balance sheet at the end of December with the balance sheet in Table 6.1 and apply the balance sheet method to determine cash flows over the March–December period.

(Entrepreneurial Finance, 6th Edition.)

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ekkarill92 answered 2 years ago

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. Short-term financial planning for the PDC Company was described earlier in this chapter. Refer to...

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