Clyde, Inc. has a cash balance of

$22,000

on April 1. The company is now preparing the cash budget for the second quarter. Budgeted cash collections and payments are as follows:

	Apr	May	Jun
Cash collections	$26,000	$20,000	$26,000
Cash payments:
Purchases of direct materials	5,800	5,300	5,000
Operating expenses	6,000	5,000	5,000

There are no budgeted capital expenditures or financing transactions during the quarter. Based on the above data, calculate the projected cash balance at the end of April.

Tadeo Corp. has provided a part of its budget for the second quarter:

	Apr	May	Jun
Cash collections	$40,000	$42,000	$45,000
Cash payments:
Purchases of direct materials	6,000	7,200	5,000
Operating expenses	5,600	5,600	4,500
Capital expenditures	4,000	10,000	10,000

The cash balance on April 1 is

$13,000.

Assume that there will be no financing transactions or costs during the quarter. Calculate the projected cash balance at the end of May.

A.$22,800

B.$79,400

C.$53,000

D.$56,600

Calder Water Company has budgeted direct materials inventory purchases as follows:

October: $345,000

November: $370,000

December: $410,000

Calder pays for

10%

of their purchases during the month of purchase,

70%

during the month following the purchase, and the remaining

20%

two months after the month of purchase. What is the budgeted accounts payable balance on December 31?

A.$443,000

B.$406,000

C.$410,000

D.$369,000

Galina, Inc. has prepared the following direct materials purchases budget:

Month	Budgeted DM Purchases
June	$67,000
July	78,000
August	77,800
September	74,500
October	77,600

All purchases are paid for as follows: 40% in the month of purchase, 50% in the following month, and 10% two months after purchase. Calculate the budgeted balance of accounts payable at the end of October.

A.$15,210

B.$54,010

C.$7,450

D.$46,560