Cash Budget Other information: Also see below! Repay loans only when sufficient cash is available Borrow-Multiples of 1,000 Borrow -Beginning of Repay-End of Total Other Cash Expenses $20.000 $25,000 $38,000 $23,000 Q1 Assignment Quorter Sales Purchases Question 4 3 Prev. Yr. $60,000 $87.000 4 Prev. Yr. $60,000 $80.000 1 $80,000 $98,000 Minimum Cash Balance $20,000 2 $97.000 $82.000 Beginning Cash Balance $24,000 3 $172,000 $40.000 Annual Rate 10% 4 $195,000 $35.000 Q2 Q3 Q4 Beginning Balance Cash Collected Cash Payments Excess (deficit) Expected Balance before financing FINANCING: Loan repaid Interest on loan Bank Loan Ending Balance Cash expenses (above) are paid in the Q incurred. Sales are collected: 20% same Q, 50% next Q, 30% 2nd Q after sale. Purchases are paid 25% same Q. 75% following