2024 – Cyrus Brown Manufacturing CBM To avoid any uncertainty regarding his business financing needs at the time
Cyrus Brown Manufacturing (CBM).To Avoid Ay Uncertainty Regarding His Business’ Financing Needs At The Time – 2024
|
March
|
$100,000
|
|
April
|
$275,000
|
|
May
|
$320,000
|
|
June
|
$450,000
|
|
July
|
$700,000
|
|
August
|
$700,000
|
|
September
|
$825,000
|
|
October
|
$500,000
|
|
November
|
$115,000
|
Payment collection within the month of sale = 25%
Payment collection the month following sales = 55%
Payment collection the second month following sales = 20%
|
March
|
$187,500
|
|
April
|
$206,250
|
|
May
|
$375,000
|
|
June
|
$337,500
|
|
July
|
$431,250
|
|
August
|
$640,000
|
|
September
|
$395,000
|
|
October
|
$425,000
|
Lease payments around $15,000 a month.
Depreciation charges, $15,000 a month.
Income tax payments estimated to be around $55,000 will be due in both June and September.
And finally, miscellaneous costs are estimated to be around $10,000 a month.
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