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  3. a company has the following cash flow data:beginni

A company has the following cash flow data:Beginning cash balance: $10,000Cash receipts: $100,000Cash disbursements: $90,000Desired...

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Accounting

A company has the following cash flow data:

  • Beginning cash balance: $10,000
  • Cash receipts: $100,000
  • Cash disbursements: $90,000
  • Desired ending cash balance: $15,000
Requirements:

(a) Prepare the cash budget. (b) Determine the cash surplus or deficit. (c) Analyze the impact of cash budgeting on financial planning. (d) Discuss the importance of cash budgeting.

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