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Swifty, Inc. prepared the following cash budget for the fourth quarter. Fill in the missing amounts, assuming that Swifty desires to maintain a $15,000
Swifty, Inc. prepared the following cash budget for the fourth quarter. Fill in the missing amounts, assuming that Swifty desires to maintain a $15,000 minimum monthly cash balance and all equipment was purchased during December. Any required borrowings and repayments must be made in even increments of $1,000. (Enter answers in necessary fields only. Leave other fields blank. Do not enter 0.) October balance $ n sales ible ents 16500 November December $15,500 $ 21140 Quarter $16.50 55,000 80500 98860 234,08 71.500 96.000 120,000 250580 chases 12000 10.000 14,000 35.00 5,000 5,500 8.000 18.50 20.000 22.000 22.000 64000
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