abhisheksingh

abhisheksingh

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Abhishek SinghDr. Hari Singh Gour University

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History1Management6English3Anthropology1Astronomy1Business1Marketing1Science2Sociology56Nursing2Psychology1Communications73Information Technology1Engineering1Computer Science85Accounting65Calculus2Biology11Mathematics15Statistics91Physics26Economics31Chemistry32
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 Cash budget: Advanced  The Green PLC has projected following unit sales for January 2019 to August 2019. The sales of Green PLC are 30% in cash and the remainder is on a credit for 1 month. It also expects cash receipts from its subsidiaries
worth £40,000 in March, £26,000 in April, and £27,000 in June.
The firm pays 20% in cash for all its purchases. The remaining 40% is paid in
the following month and the last 40% is paid 2 months later.
Month Sales Purchases
January 600,000 400,000
February 500,000 350,000
March 600,000 450,000
April 500,000 475,000
May 700,000 300,000
June 800,000 450,000
July 750,000 300,000
August 800,000 350,000
CHAPTER 4   Long- and Short-Term Financial Planning 227
Wages and salaries amount to 25% of the sales in the preceding month. They
also need to pay rent of £15,000 every month. The payment for a new machinery
will be due in March for £45,000 and will be paid in cash. They have to pay interim
tax of £45,000 in May.
The firm also expects to pay dividend of £26,000 in March and receive a cash
subsidy of £37,000 from government in June.
a. Assuming that the firm has a cash balance of £32,000 at the beginning of January,
estimate the end-of-month closing cash balances for each month, March to August.
b. The directors decide that the cash balance should be maintained at £20,000 at
any given point of time. Determine the required total financing or excess cash
balance for each month, March to August.
c. Do you think that Green PLC will need an overdraft facility for the period from
March to August? What overdraft limit should they ask for while requesting a line
of credit from banks?

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Python Programming Tutorial

In this Python tutorial, you'll learn everything you need to start programming in Python. This tutorial is perfect for data science, machine learning, and web development. No prior knowledge in Python or programming is required as everything will be taught from scratch. I'm Mosh Hamadani, and I've taught millions of people how to code through this channel. If you're new here, make sure to subscribe as I upload new videos every week. Let's jump in and get started.

 

What is Python?

Python is a multipurpose programming language that can be used for a variety of different tasks, such as automation, web development, and data science.

 

You can use Python in automation to automate repetitive tasks and save time and increase productivity.

You need to install a code editor to write your own Python code.

You can build amazing websites powered by Python.

We'll be using PyCharm as our code editor in this tutorial. When you open PyCharm for the first time, you have to configure a few settings, but we can skip that for now and set defaults. Let's create a new project and collapse the project window to give more space. We can then print a message on our application window.

 

Running Python Code

To run Python code in PyCharm, we go to the run menu and select run, or use the shortcut (ctrl+shift+r on a Mac). Then select the app to run, and the output will appear in the terminal window. Python is case sensitive so make sure to use the correct case when coding. We can declare variables, such as age and price, and assign them values. Python also has boolean values that can be true or false.

 

Now let's start coding!

 

    age = 30

    print(age)

    price = 19.95

    print(price)  

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