Question
Financial statements and additional information for Noble Equipment Corp. are available for download from McGraw-Hills Connect or your course instructor (see the Preface for more
Financial statements and additional information for Noble Equipment Corp. are available for download from McGraw-Hills Connect or your course instructor (see the Preface for more information). The com- panys fiscal year end is September 30. Nobles management wants to estimate the companys cash balances for the last three months of cal- endar year 2014, which are the first three months of fiscal year 2015. The questions accompanying the spreadsheet ask you to prepare a monthly cash budget, pro forma financial statements, and a cash flow forecast for the period.
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