In April, a firm had an ending cash balance of 30006. In May, the firm had total cash receipts of 58056 and total cash disbursements of 39344. The minimum cash balance required by the firm is 16368. At the end of May. What is the firm cash balance Answer: A firm has projected sales in May, June, and July of 27843, 43201, and 26053. respectively. The firm makes 0.2 percent of sales for cash and collects after one 0.4 percent and the rest of the balance collects after two month. What is the firm's total cash receipts in July