Note: The video has Closed Captioning. To activate it, star

  

Budget in Service Company (Cash Budget) Edge Soccer Program (Edge) began the year with a cash balance of $10,500. The budget forecasts that collections from company owed to the company by customers will be $11,000 in January and $15,200 in February. The soccer program is also supposed to receive $8,500 on a note’s receivable from a soccer club that owes Edge for training current player in January.  Edge plans to purchase soccer equipment in January and February with cash. The budgeted amounts of the purchases are $15,600 in January and $14,800 in February. Operating costs for the business is $2900 per month.  Edge requires $10,000 to maintain in the back account at all times. If the amount in the account falls below $10,000 the credit union extends credit to Edge immediately in multiples of $1000. Edge pays back any amounts borrowed each quarter in payments of $2000 plus 4% interest. The first payment occurs three months after the advance is made to Edge. Requirement Prepare a cash budget for January and February.   Sheet1 Edge Soccer Programs Cash Budget For the Two Months Ended February 28 January                February              Total Beginning cash balance Cash receipts from customers Collection of note receivable Cash available Cash payments: Equipment purchases Selling and administrative expenses Total cash payments Ending cash balance before financing Minimum cash balance desired Projected cash excess (deficiency) Financing: Borrowing Repayment of principal Total effects of financing              0              0              0 Ending cash balance        $0           $0           $0   Recommended References (you can check if it’s hard to find relevant resources): Deci, Z. (1996). The open door policy and urban development in China. Habitat International, 20(4), 525–529. https://doi.org/10.1016/0197-3975(96)00026-4 Form W, & Nico W. (2020) “Involution.” Encyclopædia Britannica, Encyclopædia Britannica, Inc., 16 Nov. 2020, https://www.britannica.com/topic/involution-anthropological-and-economic-theory. Huang, Philip C. 1990. The Peasant Family and Rural Development in the Yangzi Delta,1350-1988. Stanford, Calif.: Stanford University Press Li, C. (2010). Characterizing China’s middle class: Heterogeneous composition and multiple identities. China’s Emerging Middle Class: Beyond Economic Transformation, 135-156. Little D. (2010) The Involution Debate. In: New Contributions to the Philosophy of History. Methodos Series (Methodological Prospects in the Social Sciences), vol 6. Springer, Dordrecht. https://doi.org/10.1007/978-90-481-9410-0_8 Liu, Y.-L. (2021, May 14). China’s “involuted” generation. The New Yorker. Retrieved November 16, 2021, from https://www.newyorker.com/culture/cultural-comment/chinas-involuted-generation. National Bureau of Statistics of China. (2012). Retrieved from http://www.stats.gov.cn/english/ Tsong, Y., & Liu, Y. (2009). Parachute kids and astronaut families. Asian American Psychology: Current Perspectives, 365-379. Tu, M. (2016). Chinese one-child families in the age of migration: middle-class transnational mobility, ageing parents, and the changing role of filial piety. The Journal of Chinese Sociology, 3(1), 15. https://doi.org/10.1186/s40711-016-0036-z Waters, J. L. (2006). Geographies of cultural capital: education, international migration and family strategies between Hong Kong and Canada. Transactions of the Institute of British Geographers, 31(2), 179-192. https://doi.org/10.1111/j.1475-5661.2006.00202.x Williams, G. M., Case, R. E., & Roberts, C. (2018). Understanding the mental health issues of International Students on Campus. Educational Research: Theory and Practice, 29(2), 18-28. https://www.nrmera.org/wp-content/uploads/2018/10/Williams.et_.al_.29.2.2018.pdf. Yeung, W. J. J. (2013). Higher education expansion and social stratification in China. Chinese Sociological Review, 45(4), 54-80.https://doi.org/10.2753/CSA2162-0555450403 Zhou, M. (1998). ” Parachute kids” in southern California: The educational experience of Chinese children in transnational families. Educational Policy, 12(6), 682-704. https://doi.org/10.1177/0895904898012006005 Zhou, M. (n.d.). ‘involution’: The anxieties of our time summed up in one word. CGTN. Retrieved November 16, 2021, from https://news.cgtn.com/news/2020-12-04/-Involution-The-anxieties-of-our-time-summed-up-in-one-word-VWNlDOVdjW/index.html

Don't use plagiarized sources. Get Your Custom Essay on
 Note: The video has Closed Captioning. To activate it, star
Just from $10/Page
Order Essay
Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 30% with the discount code ESSAYSHELP