Please Prepare a memo to the president of Helping Hands Corp with at least two recommendations on

how the company can ensure it completes the first quarter of 2019 with the minimum required

cash balance. You should provide a plan to support your recommendation. For example, if you

recommend an increase in sales, how can this be attained. Be specific. You should provide

specific financial information for your recommendations utilizing your model. For example, if

the company does X, the change in ending cash will be Y. Your model will become the property

of Helping Hands Corp. and should be easy to use.

5)Summary cash Budget:								2019
						January	February	March	1st Quarter
Cash receipts (sch2)						$198,622	200609	202615	601846
Less: Cash disbursements (sch 4)						($187,932)	($195,290)	($193,603)	($576,826)
Change in cash balance during period due						$10,690	5319	9012	25020
to operations
Sales of marketable securities (1/2/19)						$10,000			$10,000
Proceeds from bank loan (1/2/19)						$185,000		$313,000	$498,000
Purchase of equipment						($225,000)			($225,000)
repayment of bank loan (3/31/19)								($185,000)	($185,000)
Interest on bank loan								($2,775)	($2,775)
payments of dividends								($150,000)	($150,000)
Change in cash balance during the month						($19,309)	$5,318	($15,763)	($29,754)
Beginning cash balance						$60,000	$40,691	$46,009	$60,000
Ending cash Balance						$40,691	$46,009	$30,246	$30,246