1	2	3	4	Year
Cash balance, beginning	6	5	5	5
add collections from customers			104		370
total cash available	86
Less disbursements:
Purchase of inventory	43	53		35
selling and administrative expenses		32	30		118
equipment purchase	15	8	18		51
dividends	2	2	2	2
total disbursements		95
excess (deficiency) of cash available over disbursements	(8)		10
financing
borrowings		9
repayments (including interests)				(18)	23
total financing
cash balance, ending
interest will total 1000 for a year

Exercise 7-11 Cash Budget Analysis [LO7-8]

A cash budget, by quarters, is given below for a retail company (000 omitted). The company requires a minimum cash balance of at least $5,000 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.)