Alphabet Inc. prepares a cash budget for its operations. In November 2041, the following data is provided:

• Cash Receipts: $1,500,000,000
• Cash Payments: $1,200,000,000
• Beginning Cash Balance: $300,000,000

Requirements:

• Prepare a cash budget for the next quarter.
• Calculate the ending cash balance.
• Identify potential cash shortfalls.
• Recommend strategies to manage cash flow.