Cash Budget: The Greenwich Corporation has a 60 days average collection period and wishes to maintain $150 million minimum cash balance. Based on the information given in the following cash budget, what conclusions do you draw? The additional information includes: Collection Period = 60 days Cash collection of quarter = 1/3 of sales + beginning receivable Beginning receivables of next quarter = 2/3 of sales Greenwich Corporation Cash Budget (in millions) Q1 Q2 Q304 Beginning receivables 240s Sales 150 165 180 135 Cash collection Ending receivables Total cash collection Total cash disbursements 170 160 185 190 Net cash flow Beginning cash balance $45 Net cash flow Ending cash balance Minimum cash balance Cumulative surplus(deficit)