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Rogers Manufacturing has $10 800 cash on hand on March 1. The company requires a minimum cash balance of $8,000 March cash collections are $552,000
Rogers Manufacturing has $10 800 cash on hand on March 1. The company requires a minimum cash balance of $8,000 March cash collections are $552,000 Total cash payments for March are $585,000 Prepare a cash budget for March How much cash, if any, will Rogers need to borrow by the end of March? INICI Complete the cash budget below. (Use parentheses or a minus sign for negative ending cash balances or deficiencies.) Rogers Manufacturing Cash Budget For the Month Ended March 31 Beginning cash balance Cash collections from customers Cash available before financing Total cash payments Ending cash balance before financing Minimum cash balance desired Cash excess (deficiency)
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