All the numbers are wrong in Photo 2-4. Photo #1 is from the current problem. Photo 2-4 is from the previous problem I got wrong. (Just so you know) Thank You in advance
Cash budget-Scenario analysis Trotter Enterprises, Inc., has gathered the following data in order to plan for its cash requirements and short-term investment opportunities for October, November, and December. All amounts are shown in thousands of dollars. (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Pessi- mistic October ($000) Most likely $262 $343 283 324 Pessi mistic November ($000) Most likely $198 $289 201 261 Pessi mistic Opti mistic $461 420 Opti mistic December ($000) Most likely $190 $295 286 331 Opti mistic $366 313 $352 Total cash receipts Total cash disbursements 317 a. Prepare a scenario analysis of Trotter's cash budget using - $19,000 as the beginning cash balance for October and a minimum required cash balance of $20,000. b. Use the analysis prepared in part a to predict Trotter's financing needs and investment opportunities over the months of October, November, and December. Discuss how knowledge of the timing and amounts involved can aid the planning process. a. Prepare a scenario analysis of Trotter's cash budget using - $19,000 as the beginning cash balance for October and a minimum required cash balance of $20,000. Complete the cash budget for the pessimistic scenario below: (Round to the nearest dollar.) Multiple Cash Budgets ($000) October November December Pessi- Pessi- Pessi- mistic mistic mistic Total cash receipts $ 262 $ 199 $ 190 Total cash disbursements 286 204 289 Net cash flow $ -24 $ -5 $ -99 -21 -45 -50 Add: Beginning cash Ending cash $ -45 $ -50 $ -149 Financing 64 69 168 $ Cash balance 19 $ 19 19 $ Most Most Most Likely Likely Likely Total cash receipts 340 $ 285 $ 293 Total cash disbursements 325 260 331 Net cash flow $ 15 $ 25 $ -38 -219 -6 19 Add: Beginning cash Ending cash -6 19 -19 Financing 25 0 38 $ Cash balance 19 $ 19 19 $ Complete the cash budget for the optimistic scenario below: (Round to the nearest dollar.) mir yuly October November December Opti- Opti- Opti- mistic mistic mistic Total cash receipts $ 461 $ 366 $ 352 Total cash disbursements 421 312 314 Net cash flow $ 40 $ 54 $ 38 -21 19 73 Add: Beginning cash Ending cash $ 19 $ 73 $ 111 Financing 0 0 0 $ 19 $ 73 $ 111 Cash balance Cash budget-Scenario analysis Trotter Enterprises, Inc., has gathered the following data in order to plan for its cash requirements and short-term investment opportunities for October, November, and December. All amounts are shown in thousands of dollars. (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Pessi- mistic October ($000) Most likely $262 $343 283 324 Pessi mistic November ($000) Most likely $198 $289 201 261 Pessi mistic Opti mistic $461 420 Opti mistic December ($000) Most likely $190 $295 286 331 Opti mistic $366 313 $352 Total cash receipts Total cash disbursements 317 a. Prepare a scenario analysis of Trotter's cash budget using - $19,000 as the beginning cash balance for October and a minimum required cash balance of $20,000. b. Use the analysis prepared in part a to predict Trotter's financing needs and investment opportunities over the months of October, November, and December. Discuss how knowledge of the timing and amounts involved can aid the planning process. a. Prepare a scenario analysis of Trotter's cash budget using - $19,000 as the beginning cash balance for October and a minimum required cash balance of $20,000. Complete the cash budget for the pessimistic scenario below: (Round to the nearest dollar.) Multiple Cash Budgets ($000) October November December Pessi- Pessi- Pessi- mistic mistic mistic Total cash receipts $ 262 $ 199 $ 190 Total cash disbursements 286 204 289 Net cash flow $ -24 $ -5 $ -99 -21 -45 -50 Add: Beginning cash Ending cash $ -45 $ -50 $ -149 Financing 64 69 168 $ Cash balance 19 $ 19 19 $ Most Most Most Likely Likely Likely Total cash receipts 340 $ 285 $ 293 Total cash disbursements 325 260 331 Net cash flow $ 15 $ 25 $ -38 -219 -6 19 Add: Beginning cash Ending cash -6 19 -19 Financing 25 0 38 $ Cash balance 19 $ 19 19 $ Complete the cash budget for the optimistic scenario below: (Round to the nearest dollar.) mir yuly October November December Opti- Opti- Opti- mistic mistic mistic Total cash receipts $ 461 $ 366 $ 352 Total cash disbursements 421 312 314 Net cash flow $ 40 $ 54 $ 38 -21 19 73 Add: Beginning cash Ending cash $ 19 $ 73 $ 111 Financing 0 0 0 $ 19 $ 73 $ 111 Cash balance
