Exercise Algo Cash Budget Analysis LO
A cash budget, by quarters, is given below for a retail company omitted The company requires a minimum cash balance of $ to start each quarter.
Required:
Fill in the missing amounts.
Note: 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,Financing:BorrowingsRepayments including interestTotal financing,,,,?,Cash balance, ending,,,,Interest will total $ for the year.,,,,,
