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Fill in the blank amounts in this cash budget. The company requires a minimum cash balance of 10 to start a quarter. This problem ignores
Fill in the blank amounts in this cash budget. The company requires a minimum cash balance of 10 to start a quarter. This problem ignores interest income or expense. 1st QTR 2nd QTR 3rd QTR 4th QTR Cash Balance, Beginning 26 10 Add: Payments from Customers 69 67 81 Total Cash Available 80 91 31 40 40 Less Disbursements: Purchase of inventory Operating Expenses Equipment Purchases 39 22 25 0 5 20 Dividends 0 6 0 6 Total Disbursements 70 71 Cash Available before Financing 2 21 (3) Net Financing 13 Cash Balance, Ending 10 10 10
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