Current Attempt in Progress
Ivanhoe Corporation is prajecting a cash balance of $ in its December balance sheat lvanhoe's schedule of axpected
collactions from customers for the first quarter of shows tatal collections of $ The schadule of expected paymants for
direct materials for the first quarter of shows total payments of $ Other information gatharsd for the first quarter of
is as follows: sale of equipmant $; dirsct labour $ manufacturing ovarhead $; salling and administrative
expenses $; and purchase of securities $ Ivanhes wants to maintain a balance of at least $ cash at the end of each
quartar.
Prepare a cash budget for the first quarter.
INANHOE CORPORATION
Cash Budpet
For the First Quarter Ending March
$
