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please show formulas 1. Prepare a sales budget, including a schedule of expected cash collections. 2. Prepare a direct materials budget, including a schedule of
please show formulas
1. Prepare a sales budget, including a schedule of expected cash collections. 2. Prepare a direct materials budget, including a schedule of expected cash disbursements for purchases of materlals. 3. Prepare a cash budget. The company has a line of credit available to bolster the cash balance as needed. When preparing budgets, the company maintains their data on a separate sheet from the actual budget asd achedules. Click the Schedales and Cash Budget tab to prepare the following: 1. Sehedulo of expected cash collections for March. 2. Schedule of expected eash disbursements for inventory purchases for March. 3. Cash budget for March. Indicate in the financing section any boerowing that will be needed in March. Assurne that any interest will rot be paid until the following month. AI \begin{tabular}{|l|l|l} \hlinex & & Expected cash collections: \\ \hline \end{tabular} Step by Step Solution
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