Question 2 (15 marks) Below is a cash budget as prepared by Vision Co. The company will borrow themselves back to a zero cash starting point, but do not need to borrow any additional money. Cash balance, beginning 8 E J Add collections from Customers A F 67 Q 232 Total Cash Available R Less: Purchases of inventory Marketing Costs Other Expenses: Seeling and Admin Equipment purchases Total Disbursements 43 G K Y B 35 47 S 132 5 5 T 21 8 L 11 11 18 Z 5 8 15 5 AA 59 M U BB Excess(deficiency) of cash available N H -16 V CC 2 N Financing: Borrowing Repayments Cash balance, ending DD EE -18 D 1 0 W FF Required oSolve for letters A - FF (Note: the letters do not necessarily need to solved in order) Assume no interest is charged on borrowing, some months may not require any borrowing. (0.5 marks each) Question 2 (15 marks) Below is a cash budget as prepared by Vision Co. The company will borrow themselves back to a zero cash starting point, but do not need to borrow any additional money. Cash balance, beginning 8 E J Add collections from Customers A F 67 Q 232 Total Cash Available R Less: Purchases of inventory Marketing Costs Other Expenses: Seeling and Admin Equipment purchases Total Disbursements 43 G K Y B 35 47 S 132 5 5 T 21 8 L 11 11 18 Z 5 8 15 5 AA 59 M U BB Excess(deficiency) of cash available N H -16 V CC 2 N Financing: Borrowing Repayments Cash balance, ending DD EE -18 D 1 0 W FF Required oSolve for letters A - FF (Note: the letters do not necessarily need to solved in order) Assume no interest is charged on borrowing, some months may not require any borrowing. (0.5 marks each)