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2. The Greenwell Corporation has a 60-Day average collection period and wishes to maintain a $160 million minimum cash balance. Based on this and
2. The Greenwell Corporation has a 60-Day average collection period and wishes to maintain a $160 million minimum cash balance. Based on this and the information given in the following cash budget, complete the cash budget. Greenwell corporation Cash Budget Beginning Receivables Q1 Q2 Q3 Q4 240 150 165 180 135 170 160 185 190 Sales Cash collections Ending Receivables Total cash collections Total cash disbursements Net Cash inflow Beginning Cash Balance $45 Net Cash Inflow Ending cash balance Minimum cash balance Cumulative surplus (deficit)
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