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Question 16 Not yet answered Problem-solving question: Cash Budget (LO#3) Martin, a financial analyst for Woden Company. He is preparing a cash budget. Sales of
Question 16 Not yet answered Problem-solving question: Cash Budget (LO#3) Martin, a financial analyst for Woden Company. He is preparing a cash budget. Sales of $400, $500, $500 $600 and $700 have been forecast for August September, October, November, and December, respectively Marked out of 12.00 p Flag question Additional information: Historically, 90 % of sales are for cash, the remaining 10% are collected one month later Purchases will represent 75% of sales . All disbursements are on a cash basis In December, Woden Company will pay $900 cash for rent Required: Prepare a cash budget, then select the correct answer for the following questions: Total Cash Disbursement for August is: Choose.... Net cash flow for December is: Choose... Total cash receipt for September is. Choose.... Total Cash Disbursement for October is: Choose... - Net cash flow for September is: Choose... - Total cash receipt for November is. Choose
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