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Assume the following data for Pet Gear Company: (Click the icon to view the assumptions.) (Click the icon to view budget information.) Requirements 1. Prepare
Assume the following data for Pet Gear Company: (Click the icon to view the assumptions.) (Click the icon to view budget information.) Requirements 1. Prepare a cash budget for April for Pet Gear. 2. Why do Pet Gear's managers prepare a cash budget in addition to the revenue, expenses, and operating income budget? Requirement 1. Prepare a cash budget for April for Pet Gear. Begin the cash budget by calculating the cash available, then total disbursements, and finally the effects of financing and the ending cash balance. (Ro Reference ceed $10,000 at the end of April.)
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