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pleaseeeeeeee fast years ed Use the following information to prepare a cash budget for months 1 & 2 only: -Expected sales for the following months

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years ed Use the following information to prepare a cash budget for months 1 & 2 only: -Expected sales for the following months 1,2,3 & 4 are as follows: 1 2 3 on 100,000 120,000 150,000 200,000 ($) -50% of sales are made on cash basis and the remaining 50% are collected next month -Purchases in any month are equal to 60% of next month forecast sales and paid on cash basis -Cash expenses (interest, salaries, taxes,...) : 20% of current month sales a) Calculate the Cash collections in months 2 & 3 only ( 8 Points) b) Calculate the total Cash disbursements in months 2 & 3 only. (8 Points) c) Find the Net Cash flow in months 2 & 3 only ( 4 Points) d) Complete the Cash budget for the months 2 & 3 only (5 Points) (Beginning Cash balance of month 2 is $12,000 & minimum cash balance is $10,000)

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