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At the beginning of the school year, Craig Kovar decided to prepare a cash budget for the months of September, October, November, and December. The

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At the beginning of the school year, Craig Kovar decided to prepare a cash budget for the months of September, October, November, and December. The budget must plan for enough cash on December 31 to pay the spring semester tuition, which is the same as the fall tuition. The following information relates to the budget: This information has been collected in the Microsoft Excel online file. Open the spreadiheet, perform the required analysis, and input your answers in the questions below. Open spreadsheot a. Prepare a cash budget for Sentember, October, November, and December. Entet all amounts as positive values oxcept cash decreai which should be. indicated with a minus signi a. Prepare a cash budget for Septembec, Dctober, November, and December. Enter all amounts as positive values except cash decrease which should beindicated with a minus sign. b. Are the four monthly budgets that are presented prepared as static budgeti or ifixibfe butidgets? c. What are the budget implications for Cralg Kovar? Craig can see that his present plan iafficieat caeh. If cratg did not budget but went ahead with the eriginal blaf, he would be 3 at the end of December, with no time left to adjust

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