March 80,000 2,000 $41,400 Rockwall Adventures Combined Cash Budget February and March February 7 Beginning cash balance $16,900 8 Plus: Cash collections 9 Plus: Cash from sale of plant assets 10 Total cash available $107,300 11 Less: Cash payments (purchase inventory) 12 Less: Cash payments (operating expenses) 47,700 13 Total cash payments $98,400 14 (1) Ending cash balance before financing 15 Minimum cash balance desired 21,000 16 Cash excess (deficiency) 17 Financing: 18 Plus: New borrowings 19 Less: Debt repayments 20 Less: Interest payments 21 (2) Total effects of financing 22 Ending cash balance (1) + (2) $ 25,100 21,000 INSTRUCTIONS CASHBUDGET ENTERANSWERS March 80,000 2,000 $41,400 Rockwall Adventures Combined Cash Budget February and March February 7 Beginning cash balance $16,900 8 Plus: Cash collections 9 Plus: Cash from sale of plant assets 10 Total cash available $107,300 11 Less: Cash payments (purchase inventory) 12 Less: Cash payments (operating expenses) 47,700 13 Total cash payments $98,400 14 (1) Ending cash balance before financing 15 Minimum cash balance desired 21,000 16 Cash excess (deficiency) 17 Financing: 18 Plus: New borrowings 19 Less: Debt repayments 20 Less: Interest payments 21 (2) Total effects of financing 22 Ending cash balance (1) + (2) $ 25,100 21,000 INSTRUCTIONS CASHBUDGET ENTERANSWERS