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2. Please prepare the monthly cash budget taking into account the following legal and contractual circumstances: (for Extra Credit) a. As of June 30, 2004,

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2. Please prepare the monthly cash budget taking into account the following legal and contractual circumstances: (for Extra Credit) a. As of June 30, 2004, the cash balance for Real Madrid was $169 million b. Member dues are payable July 1 (typically 70% of the dues are collected during July, 20% in August, and the remaining 10% in September) c. Exhibition games are prepaid with cash received in July MBAD 6213 Course Syllabus, Spring 2018 11

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