Score: 0 of 2 pts 8 of 10 (1 complete HW Score: 8.4%, 1.68 of 20 pts E9-33A (similar to) Question Help You recently began a job on sccounting internet Ralph Adventures. Your first task was to help prepare the cash budget for February and March. Unfortunately, the computer with the budget le crashed, and you did not have a backup or even a hard copy. You ran a program to salvage bits of data from the budget file. Ahor entering the following data in the budget, you may have just enough information to reconstruct the budget Click the icon to view information on borrowing cash) Requirements Complete the blowing about. For mounts blanc, make sure to enter in the appropriate cele cash deficiencies with a mina signor parentheses. Enter the net total effect of financing with a high when the amount in het buitow. Round Meestense to the nearest whole dollar) February 16,500 $ Beginning chance Plus Cashcolections Plus Citromos Total cash va Les Cash payer purchase intory Les Cash payments in pes) s 106.900 47 500 300 11) Ending chance for financing Minimum chance desired Cash ecce 20.000 Pub De repayments trany number in the edit and then click Check Answer 1 CA Check Aw MUSIC 004 Explor... online ourses Launch Pad Psych Studies Psych O Work Homewor mework 8 of 10 (1 complete) ventures. Your first task was to help prepare the cash budget for February and March. Unfortunately, the computer with the the budget file. After entering the following data in the budget, you may have just enough information to reconstruct the bud, balance, make sure to enter "o" in the appropriate cell. Enter cash deficiencies with a minus sign or parentheses. Enter the st whole dollar.) February More Info Ralph Adventures eliminates any cash deficiency by borrowing the exact amount needed from State Street Bank, where the current interest rate is 8%. Ralph Adventures pays interest on its outstanding debt at the end of each month. The company also repays all borrowed amounts at the end of the month as cash becomes available. Print Done ck Answer Clear All MacBook Air online MUSIC 004 Explor... Launch Pad Psych Studies Psych @ Work Homework 01 work 8 of 10 (1 complete) * Incomplete budget s. Yol et file puter with the bud ruct the budget. es. Enter the nett e, mal e doll Ralph Adventures Cash Budget February and March ary 16,600 March February 16,600 $ $? Beginning cash balance Plus: Cash collections O ? 79,600 2,000 0 06,900 $ 106,900 $? 47,500 41,000 Plus: Cash from sale of plant assets Total cash available Less: Cash payments (purchase inventory) Less: Cash payments (operating expenses) Total cash payments (1) Ending cash balance before financing Minimum cash balance desired $?$ 47,500 98,300 ? $ 98,300 $? 20,000 $?$ 20,000 22,800 20,000 $? $ 2 Cash excess (deficiency) Financing Plus: New borrowings Less: Debt repayments $? $? ? swer. Print Done MacBook Air
