ANSWER # 6 Cash Budget of MA Corporation Particulars Q1 Q2 Q3 Q4 Beginning 120 60 80 100 Receivables Sales 90 120 150 120 Cash collection 150 100 130 140 (120+90*2/3) Ending receivables 60 80 100 80 (90*2/3) Total cash 150 100 130 140 collections Total cash 80 160 180 160 disbursement Net cash inflow 70 (60) (50) (20) FocusBeginning cash 5 75 15 (35) Net cash Inflow 70 (60) (50) (20) Ending cash 75 15 (35) (55) balance Minimum cash 5 5 5 5 balance Cumulative 70 10 (40) (60) surplus/(Deficit)