Exercise III(30pts) You are responsible for preparing the cash budget of commercial company for a period of 6 months. Information taken from various budgets (excluding taxes and are in thousands of euros) a-half-year sales forecast left in the following proportions January February March April May June 192,000 192,000 240,000 192,000 96,000 48,000 165,660 Soo a 200 Customers pay according to the following rule 50% settled in cash, 25% resolved at 30 days end of month Page 2 Test