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Month Sales $ Jan 46140 FEB 12824 MAR 17042 APR 19855 may 46140, june 12824, Month...

Month Sales $ Jan 46140 FEB 12824 MAR 17042 APR 19855 may 46140, june 12824, Month Sales $ July 19855, aug 17042, sep 46140 0ct 17042 nov12824 dec 19855 The company has estimated expenses as follows: General and administrative expenses: $5592 Material purchases are 73 percent of sales. Material purchases are paid in the month following the purchase. Interest payment per month: $4212 Rent expenses per quarter starting March: $2565 Calculate the cash outflows for June. Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.

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Answer #1

The value of cash outflow have been calculated as shown:

Head Amount
General and Administrative Expenses 5,592
Material Purchases (46,140*73%) 33,682.20
Interest Payment 4,212
Rent Expenses 2,565
CASH OUTFLOWS FOR JUNE 46,051.20

Answers is 46,051.20

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