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Exercise 8-11 Cash Budget Analysis (L08-8) A cash budget, by quarters, is given below for...

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Exercise 8-11 Cash Budget Analysis (L08-8) A cash budget, by quarters, is given below for a retail company (000 omitted). The company requires a minimum cash balance of at least $7,000 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 (000 omitted) Year 4 105 378 28 30 19| Cash balance, beginning Add collections from customers Total cash available Less disbursements: Purchase of inventory Selling and administrative expenses Equipment purchases Dividends Total disbursements Excess (deficiency) of cash available over disbursements Financing: Borrowings Repayments (including interest) Total financing Cash balance, ending Interest will total $1,000 for the year. 121

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