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Create a Cash Budget for Hampton Forge collections, 35% in month of sale, 55%1...

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Accounting

Create a Cash Budget for Hampton Forge
collections, 35% in month of sale, 55%1 month, and 10%2 months
Purchases 75% of next months sales
Payments 40% in the month they occur, 60%1 month later
They ended May with $30,000 in cash
Hampton Forge
Cash Budget
June 17 to November 17
Create a Cash Budget for Hampton Forge
collections, 35% in month of sale, 55%1 month, and 10%2 months
Purchases 75% of next months sales
Payments 40% in the month they occur, 60%1 month later
They ended May with $30,000 in cash
Hampton Forge
Cash Budget
June 17 to November 17
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