Marsha Inc. has the following budgeted data for the coming year $ 15,400 145, 4ee...
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Accounting
Marsha Inc. has the following budgeted data for the coming year $ 15,400 145, 4ee 25,400 Cash balance, beginning Collections from customers Direct materials purchases Expenses: Operating expenses Payroll Income taxes Other: Machinery purchases 50.800 75,400 6,089 38,480 Operating expenses include $20.400 depreciation for buildings and equipment. All purchases of materials are paid for in the period of purchase. The company requires a minimum cash balance of $25,000 Compute the amount the company needs to finance or the excess cash available for Marsha to invest. (Cash shortage should be indicated with a minus sign.) March
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