| Baker College | Undergraduate, ( x ( Course Modules: Financial Analy: X Question 4 - M& CONNECT Prob X * Course Hero * + X C https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=08launchUrl=https%253A%252F%252Fims.mheducation.com%252Fmghmiddleware%252Fmheproducts%252FImsCloseWindow.htm#/activity/question-group/.. A" to ... M8 CONNECT Problems Saved Help Save & Exit Submit Check my work mode : This shows what is correct or Incorrect for the work you have completed so far. It does not Indicate completion. +. Return to question 4 The following data are from the budget of Ritewell Publishers. Half the company's sales are transacted on a cash basis. The other half are paid for with a 1-month delay. The company pays all of its credit purchases with a 1-month delay. Credit purchases in January were $160, and total sales in January were $804. 5 points February March April Total sales $ 460 $ 480 $ 440 Cash purchases 135 145 125 Credit purchases 105 95 105 + Labor and administrative purchases 95 95 95 Taxes, interest, and dividends 75 75 75 Capital expenditures 230 Complete the following cash budget. (Leave no cells blank. Enter 'O' when necessary. Negative amounts should be Indicated by a minus sign.) * Answer is not complete. February March April Sources of cash Collections on current sales 230 s 240 $ 220 Collections on amounts receivable 402 s 230 $ 240 Total sources of cash 632 S 470 $ 460 Uses of cash Payments of accounts payable 160S 105 5 95 Cash purchases 135S 145 $ 125 Labor and administrative expenses 95 5 95 5 95 Capital expenditures 230S Taxes, interest, and dividends 75 5 75 $ 75 Total uses of cash 595 420 390 Net cash inflow Cash at start of period 243 Net cash inflow Cash at end of period 243 TS 0 Minimum operating cash balance 230 Cumulative short-term financing required (13) S 0 Activate Windows Go to Settings to activate Windows. Mc 503 Type here to search O 2:27 PM 76.F Partly sunny ~ 9 ( 8/11/2022 53