Assume actual cash receipts and disbursements will follow the pattern below: (Note: Receivables and
Payables of 12/31/x1 will have a cash impact in 20x2.)
1. 16.00% of sales for the year are made in November and December. Since our customers have 60 day terms
those funds will be collected be collected in January and February.
2. 85.00% of material purchases will be paid during the year, the remaining portion will be paid in Januay or February.
3. All other manufacturing and operating costs are paid for when incurred.
4. The budgeted depreciation expense is equal to 0.6% of the fixed manufacturing, selling and administrative expenses.
5. Minimum Cash Balance needed for 20x2, $160,000 .
I See The Light
Projected Cash Budget
For the Year Ending December 31, 20x2
									Round dollars to two places, $##.##
	Beginning Cash Balance
	Cash Inflows:
		Sales Collections:
			Account Receivable (Sales last year not collected)					$ 67,500.00	{10.02}
			Sales made and collected in 20x2						{10.03}
			Cash Available						{10.04}
	Cash Outflows:
		Purchases
			Accounts Payable (Purchases last year)
			Purchases made and paid for in 20x2						{10.05}
		Other Manufacturing Costs
			Direct Labor
			Total Manufacturing Overhead
		Selling and Administrative
		Less: Depreciation						{10.06}
			Total Cash Outflows						{10.07}
	Budgeted Cash Balance before financing						{10.08}
	Needed Minimum Balance
	Amount to be borrowed (if any)						{10.09}
	Budgeted Cash Balance						{10.10}