A cash budget, by quarters, is given below for a retail company (000 omitted) The...
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Accounting
A cash budget, by quarters, is given below for a retail company (000 omitted) The company requires a minimum cash balance of at least $3,000 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) 2 3 9 $ 2 s 3 1000 omitted) Year 4 $ $ 3 $ 9 107 379 77 88 110 46 30 56 32 30 109 13 9 21 53 Cash balance, beginning Add collections from customers Total cash available Less disbursements Purchase of inventory Seling and administrative expenses Equipment purchases Dividends Total disbursements Excess (dehitiency of cash anable over disbursements Financing Borrowing Repayments (including interesty Total mancing Cash balance ending "Imerest wil total $1.000 for the year 2 2 2 99 (2) 19
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