Requirement 4. Before granting a loan to Box Medical Supply, Best Commerce Bank asks for a sensitivity analysis assuming that April sales are only $54,667

rather than the $ 82,000 originally budgeted. (While the cost of goods sold will change, assume that purchases, depreciation, and the other operating expenses will remain the same as in the earlier requirements.)

a. Prepare a revised budgeted balance sheet for Box Medical Supply, showing separate computations for cash, inventory, and owners' equity balances. Begin by calculating the cash balance.

Cash Beginning balance Cash inflows Cash sales Collections Cash outflows Payment of May liabilities Cash purchases s for April credit purchases Purchase of equipment operating expenses paid Ending balance Enter any number in the edit fields and then click Check