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Assume the following data for Pet Luggage Company: (Click the icon to view the assumptions.) Requirements 1. 2. Prepare a cash budget for April

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Assume the following data for Pet Luggage Company: (Click the icon to view the assumptions.) Requirements 1. 2. Prepare a cash budget for April for Pet Luggage. (Click the icon to view budget information.) Why do Pet Luggage'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 Luggage. Begin the cash budget by calculating the cash available, then total disbursements, and finally the effects of financing and the ending cash balance. (Round your answers to the nearest whole dollar. Enter "0" for repayment of loan if excess cash does not exceed $10,000 at the end of April.) Cash Budget Cash balance, beginning Add receipts April 30 Total cash available for needs

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