Semester “Spring 2010”
“Corporate Finance (Fin622)”
This is to inform that next Assignment (covering video lecture no. 1 to lecture no 28)
will be uploaded on VULMS according to the following schedule
Schedule
Opening Date and Time
June 28 , 2010 At 12:01 A.M. (Mid-Night)
Closing Date and Time
July 01 , 2010 At 11:59 P.M. (Mid-Night)
Note: Only in the case of Assignment, 24 Hrs extra / grace period after the above mentioned due date is usually available to overcome uploading difficulties which may be faced by the students on last date. This extra time should only be used to meet the emergencies and above mentioned due dates should always be treated as final to avoid any inconvenience.
Important:
1. For acquiring the relevant knowledge, do not rely only on handouts but watch the course video lectures, which can be downloaded for free from www.youtube.com/vu, and also use other reference books.
2. For planning your semester activities in an organized manner, you are advised to view schedule of upcoming Assignments and GDBs in the overview tab of the course website on VU-LMS.
Cash sales = 30%of total sales15000
Credit sales = 70% of total sales 35000
Recovery of credit sales in May = 30% of credit sales = 10500
April
Cash sales = 30% of total sales 18000
Credit sales = 42000
Recovery of credit sales in May = 70% of credit sales = 29400
Recovery of credit sales in June= 30% of credit sales = 12600
May
Cash sales = 30% of total sales 12000
Credit sales = 28000
Recovery or credit sales in June = 70% of credit sales = 19600
June
Cash sales = 30% of total sales 6000
_________________
| | May | June |
| Balance opening | 11500 | 3400 |
| February | ------------------------------- | ----------------------------- |
| March | 10500 | ------------------------------ |
| April | 29400 | 12600 |
| May | 12000 | 19600 |
| June | ------------------------ | 6000 |
| Total cash inflow | 63400 | 41600 |
| Less disbursement | -60000 | -45000 |
| Net cash inflow -outflow | 3400 | -3400 |
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