LI'IEPIEF 11, HDI'ILIS LILIESICHJI'I E Eunice's Information and Assumptions Percent of revenue expected to be collected in the month it was generated [current month} Percent of revenue expected to be collected in the month after it was generated based on AR aging ccounts receivable to be collected in Januaryr from December AR Percent of cost of sales to be paid in the mo nth they were incurred {current month} Percent of cost of sales to be paid one month after they were incurred [as AP} . mount to be paid in January from AP for cost of sales incurred in December Percent of operating expenses to be paid in the month they were incurred {current month} Percent of operating expenses to be paid one month after they were incurred [from AP} as - mount to be paid in January from AP for operating expenses incurred in December Percent of non-o perating expenses to be paid in the month theyr were incurred {current month} Monthly rent expense First of each quarter insurance premium Beginning cash balance on January 1 Ending cash balance for one month is beginning cash balance of the next month Minimum required cash balance [for emergencies} Short-term loan denominations Short-term loan interest rate Slthablso's Wraps March Cash Budget for the First Quarter of This Year 3 60 000 $ 132 (100 $ 96,1110 GIVEN DATA Revenues Nonoperati ng Expenses Rent Expense Insurance Premiums Cost of Sales 5 21,000 $ 46,2(1-0 $ 33,600 Operating Expenses 3 23,000 $ 36(10-0 $ 32,030