A cash budget, by quarters, is given below for a retail company omitted The company requires a minimum cash balance of at least $ to start each quarter.
Required:
Fill in the missing amounts. Enter your answers in thousands of dollars. Cash deficiencies and Repayments should be indicated by a minus sign.
tableQuarter omittedtable omittedYearCash balance, beginning,Add collections from customers,,,Total cash available,Less disbursements:Purchase of inventory,Selling and administrative expenses,,Equipment purchases,DividendsTotal disbursements,Excess deficiency of cash available over disbursements,FrtableFinancing:BorrowingsBorrowingsRepayments including interestTotal financina,P
