POO the cash buttory decho date in the budget you may have m o t w e entrance w o rth the whi e a n accounting internat Rockwell Adventures. Your brotask was to help even a hard copy. You mana program to sve bits of data from the base. Alertering the Click the loon to view information on borrowing cash) Requirement Complete the following cash budget. For mounts with a solo, men t he amount is an outflow. Round irresponse to the nearest whole dar) February and are February Beginning cash balance 16 000 Plus Cash colections Plus Cash from sale of plantas Total have Les Cash payment purchase invertory Low Cash paymentse ting exper ) Total cash payments (1) Ending ch ance before financing Minimum cashbac de (12.100 Francing Plus Newborrowing Less Worst payments To ts of france Ending cash balance (1) (2) Cher sand then Enter any number in the All parts showing construct the budget Cash Budget February and March March February 16900 $ 80.000 2.000 $ 107.300 Beginning cash balance Plus: Cash collections Plus: Cash from sale of plant assets Total cash available Less: Cash payments (purchase inventory) Less: Cash payments (operating expenses) Total cash payments (1) Ending cash balance before financing Minimum cash balance desired 41.400 $?$ 47,700 $ mplete the following cash budget. (For amounts with a bunt is a net outflow. Round interest expense to the nearest whole dos balance, February and March February ginning cash balance 16.900 s: Cash collections 90,400 us: Cash from sale of plant assets al cash available 107,300 5: Cash payments (purchase inventory) 50.700 ss: Cash payments (operating expenses) 47,700 tal cash payments 98.400 Ending cash balance before financing 8.900 21.000 inimum cash balance desired $ (12.100 aash excess (deficiency) nancing 12.100 Plus: New borrowings Less: Debt repayments Less: Interest payments 12.100 2) Total effects of financing 21,000 (2) Ending cash balance (1) 98.400 $7$ 21000 25,00 21.00 Cash excess deficiency Financing Plus: New borrowings LOS Debit repayments Interest payments 2) Total effects of financing Ending cash balance (1) (2) inter any number in the edit fields and then click Check Answer al parts showing 16,900 90.400 80.000 0 More Info Rockwall Adventures eliminates any cash deficiency by borrowing the exact amount needed from State Street Bank, where the current interest rate is 6%. Rockwall Adventures pays interest on its outstanding debt at the end of each month. The company also repays all borrowed amounts at the end of the month as cash becomes available. Print | Done 12,100 12,100 21.000 d then click Check Answer. Clear All