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A cash budget, by quarters, is given below for a retail company (000 omited). The company requires a minimum cash balance of at least $5,000
A cash budget, by quarters, is given below for a retail company (000 omited). The company requires a minimum cash balance of at least $5,000 to start each quarler. Fill in the miseing amounts. (Enter your answers in thousands of dollars. Cash deficiencles and Repayments should be indicated by a minus sign.) Cash Budgat Quarter (000 omitted) Year Cash balance, beginning Add collections from custemers Total cash availabl 104 370 43 53 Purchase of inventory Selling and administrative expenses Equipment purchases Dividends 11B 32 30 18 51 15 Total d Excess (deficiency) of cash available over disbursements Financing 10 Repayments (including interest) Total financing Cash balance, ending Interest will total $1,000 for the year
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