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Question: a cash budget by quarters is given below for a...

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M Chapter 8 Homework x C Zookal study IGuided solu O ezto mheducat n.com A cash budget, by quarters, is given below for a retail company (000 omitted). The company requires a minimum cash balance of at least $10,000 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 Quarter (000 omitted) Year Cash balance, beginning 111 389 Add collections from customers Total cash available Less disbursements: 50 60 34 Purchase of inventory 45 30 119 Selling and administrative expenses 13 9 25 571 Equipment purchases 2 2 2 2 Dividends Total disbursements 116 (5) 12 Excess (deficiency) of cash available over disbursements Financing Borrowings (30) Repayments (including interest) Total financing Cash balance, ending Interest will total $1,000 for the year. e a Ask me anything 10:16 PM 3/29/2017

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