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Complete the following Cash Budget using the information collected 20pts 1. A financial analyst for Mings Supermarkets, has prepared the following sales and cash disbursement

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Complete the following Cash Budget using the information collected 20pts 1. A financial analyst for Mings Supermarkets, has prepared the following sales and cash disbursement estimates for the period August through December of the current year. 40 percent of sales are for cash, the remaining 10 percent are collected one month later. All disbursements are on a cash basis. The firm wishes to maintain a minimum cash balance of $200. The beginning cash balance in September is $100. Prepare a cash budget for the months of October, November, and December, noting any needed financing or excess cash available

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