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Exercise 7-11 Cash Budget Analysis [LO7-8] A cash budget, by quarters, is given below for...

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Exercise 7-11 Cash Budget Analysis [LO7-8] A cash budget, by quarters, is given below for a retail company (000 omitted). The company requires a minimum cash balance of at least 55,000 to start each quarter. Fill in the missing amounts. (Enter your answers in thousands of dollars. Cash deficiencies and Repayments should be indicated by a minus sign.) Cash Budget Quarter (000 omitted) 2 1 3 4 Year CA 8 106 367 77 45 55 29 32 30 111 7 8 20 15 2 2 2 Cash balance, beginning Add collections from customers Total cash available Less disbursements: Purchase of inventory Selling and administrative expenses Equipment purchases Dividends Total disbursements Excess deficiency) of cash available over disbursements Financing: Borrowings Repayments (including interest) * Total financing Cash balance, ending *Interest will total $1,000 for the year. 97 (2) 9 (11)

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