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HOW TO PREPARE A CASH BUDGET You are working for Little Feet Inc. and you need to prepare the cash budget for April to

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HOW TO PREPARE A CASH BUDGET You are working for Little Feet Inc. and you need to prepare the cash budget for April to June INFORMATIONS 1) The cash balance March 31, 16 200$ 2) The montly sales are: JANUARY FEBRUARY MARCH 159,000.00 $ APRIL MAY JUNE 161,000.00 $ 163,200.00 $ 2% INCREASE FROM THE LAST MONTH 2,5% INCREASE FROM THE LAST MONTH 2,75% INCREASE FROM THE LAST MONTH 3) We estimated that the sales cashing will be: CASH SALES 30 DAYS 60 DAYS 90 DAYS 20% 60% 10% 10% 4) The business is going to buy equipment in June, total value 54 000$ 5) The purchase represent 30% of the monthly sales. They are going to be paid cash 6) The payroll represent 19% of the monthy sales

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