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Cash Buaget For the Four Months Ending December 3 1 b . Are the four monthly budgets that are presented prepared as static budgets or
Cash Buaget
For the Four Months Ending December
b Are the four monthly budgets that are presented prepared as static budgets or flexible budgets?
c What are the budget implications for Craig Kovar?
Craig can see that his present plan
sufficient cash. If Craig did not budget but went ahead with the original plan, he would be $
at the end of December, with
no time left to adjust.Personal Budget
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 spreadsheet, perform the required analysis, and input your answers in the questions below.
Open spreadsheet
a Prepare a cash budget for September, October, November, and December. Enter all amounts as positive values except cash decrease which should be indicated with a minus sign.
Craig Kovar
Cash Budget
For the Four Months Ending December
September October November December
Estimated cash receipts from:
Total cash receipts
Less estimated cash payments for:
$
$
$
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