cash budgets Scenario analysis Brownstein, Inc, expects sales of $103,000 during each of the next 3 months. t will make monthly purchases of $61,000 during this time Wages and salaries are $17,000 per mont plus 6% of sales Brownstein expects to make s tax payment of S20000 in the next sales and purchases are for cash. Beginning cash and the minimum cash balance are assumed to be zero month and a $16,000 purchase of fixed assets in the second month and to receive $8,000 in cash from the sale of an asset in the third month a. Construct a cash budget for the next 3 months b. Brownstein is unsure of the sales ending cash balances that the firm can expect for each of the 1-month periods? levels, but all other figures are certain If the most pessimistic sales figure is $81,000 per month and the most optimistic is $120,000 per month, what are the monthly minimum and maximum c. Brioly discuss how the inancial manager can use the data in parts a. and b. to plan for fnanding needs a. Construct a cash budget for the next 3 months Complete the Brownstein, Inc's cash budget for the 1st month below. (Round to the nearest S000) Cash Budget ($000) Most likely scenario Sales Sale of asset Purchases Wages and salaries 1st Month Enter any number in the edit fields and then continue to the next question A 1:56 AM 11/8/2018 D LL Esc FT PrtscrInsertDelete cash budgets Scenario analysis Brownstein, Inc, expects sales of $103,000 during each of the next 3 months. t will make monthly purchases of $61,000 during this time Wages and salaries are $17,000 per mont plus 6% of sales Brownstein expects to make s tax payment of S20000 in the next sales and purchases are for cash. Beginning cash and the minimum cash balance are assumed to be zero month and a $16,000 purchase of fixed assets in the second month and to receive $8,000 in cash from the sale of an asset in the third month a. Construct a cash budget for the next 3 months b. Brownstein is unsure of the sales ending cash balances that the firm can expect for each of the 1-month periods? levels, but all other figures are certain If the most pessimistic sales figure is $81,000 per month and the most optimistic is $120,000 per month, what are the monthly minimum and maximum c. Brioly discuss how the inancial manager can use the data in parts a. and b. to plan for fnanding needs a. Construct a cash budget for the next 3 months Complete the Brownstein, Inc's cash budget for the 1st month below. (Round to the nearest S000) Cash Budget ($000) Most likely scenario Sales Sale of asset Purchases Wages and salaries 1st Month Enter any number in the edit fields and then continue to the next question A 1:56 AM 11/8/2018 D LL Esc FT PrtscrInsertDelete