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Please answer A B and C thank you Muitiple cash budgets - Scenarlo analysis Brownatein, Ine, expects sales of $06.000 durng each of the next
Please answer A B and C thank you
Muitiple cash budgets - Scenarlo analysis Brownatein, Ine, expects sales of $06.000 durng each of the next 3 months. It wif make monthly purchases of $60.000 durieg this fime. Wages and salaries are $18,000 per month plus 6% of sales. Brownstein expects to make a tax payment of $24,000 in the next month and a $16,000 purchase of fixed assets in the second month and to receive $9.000 in cash trom the sole of an astet in the third month. A sales and purchases are for cash. Beginning cash and the minimum cash balance are assumed to be zero. a. Construct a cash budget for the next 3 months b. Brownatein is unsure of the sales levels, but all other figures are certain, uf the most pessimistie saks figure is $28.000 per month and the most optimise is $118.000 per month. what are the monthy minimum and maximum ending cash balances that the frm can expect for each of the f-month periods? c. Briefly discuss how the financial mansger can use the data in parts a. and b. to plsa for financing needs. a. Conitrud a cash budget for the neat 3 months. Complate the Bromnitein, inc: cash budget for the ist morih belowi (Found to the nearest 5000s ) Get more help Step by Step Solution
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