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Q1: Assuming that CompuTech will begin operations with a Cash Balance of $10,500 on January 1, 2021 please complete a Cash Budget for the Martins
Q1: Assuming that CompuTech will begin operations with a Cash Balance of $10,500 on January 1, 2021 please complete a Cash Budget for the Martins to share with their accountant. Q2: What impact on the Cash Budget would an increase in COGS were to increase by 30% due to product sourcing problems arising from the pandemic? Further it is estimated that customers may delay their payments resulting in only 20% paying immediately with the remaining 80% carrying over until the second month as AR. What would the Martins have to plan for if the above issues infolded Q1: Assuming that CompuTech will begin operations with a Cash Balance of $10,500 on January 1, 2021 please complete a Cash Budget for the Martins to share with their accountant. Q2: What impact on the Cash Budget would an increase in COGS were to increase by 30% due to product sourcing problems arising from the pandemic? Further it is estimated that customers may delay their payments resulting in only 20% paying immediately with the remaining 80% carrying over until the second month as AR. What would the Martins have to plan for if the above issues infolded
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