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Crash Course Auto Parts, Inc., has projected cash receipts of $30,000 in November, and $34,000 in November. Also assume that the company's cash payments for
Crash Course Auto Parts, Inc., has projected cash receipts of $30,000 in November, and $34,000 in November. Also assume that the company's cash payments for November and December are $34,000 and $29,800, reactively. The beginning cash balance in November is $6,000, which is also the desired minimum balance. Prepare a cash budget for November and December. Assume there are no outstanding loans in November
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