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Cash Budget Cash Budgets Assignment Worksheets Complete the following mini cash budget using the information described below. Assume that loans are repaid each quarter with
Cash Budget 
Cash Budgets Assignment Worksheets Complete the following mini cash budget using the information described below. Assume that loans are repaid each quarter with interest for the quarter. If necessary, take a new loan each quarter. Mini Cash Budget Assignment 1 Quarter Cash Collections Cash Payments $30,000 $25,000 2 Minimum Cash Balance Beginning Cash Balance 23,000 29,000 $15,000 23,000 25,000 35,000 Annual Interest Rate 10% 19,000 2,000 97,000 96,000 Quarter 1 Quarter 3 Quarter 4 Total Beginning Balance Cash Collected Cash Payments Excess (Deficit) Expected Balance before financing FINANCING: Loan Repaid Interest on Loan Bank Loan Ending Balance Quarter 4 total and Year total 3 Quarter 2 ************** MUST AGREE Step by Step Solution
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The Laymans Guide To Understanding Financial Statements How To Read Analyze Create And Understand Balance Sheets Income Statements Cash Flow And More
Authors: Simon J Lawrence
1st Edition
8691738760, 979-8691738760
