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The accountant for Balrd's Dress Shop prepared the following cash budget. Baird's desires to maintain a cash cushion of $24,000 at the end of each
The accountant for Balrd's Dress Shop prepared the following cash budget. Baird's desires to maintain a cash cushion of $24,000 at the end of each month. Funds are assumed to be borrowed and repald on the last day of each month. Interest is charged at the rate of 1 percent per month. Required a. Complete the cash budget by filling in the missing amounts, b. Determine the amount of net cash flows from operating activities Baird's will report on the third quarter pro forma statement of cash flows. c. Determine the amount of net cash flows from financing activtles Balrd's will report on the third quarter pro forma statement of cash flows. Complete this question by entering your answers in the tabs below. Complete the cash budget by filling in the missing amounts. (Any shortages or repayments sign. Round your answers to the nearest whole dollar amount.) Determine the amount of net cash flows from both operating and financing activities Baird's will repor pro forma statement of cash flows. (Round intermediate calculations and final answers to the nearest
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