The MA Corp has a 60-day average collection period and wishes to maintain a $5M minimum cash balance.Based on this and the following information, complete the cash budget.What conclusions do you draw? If you were a supplier to this company would you be concerned?

Q1

Q2

Q3

Q4

Beginning Receivables

$120

Sales

90

120

150

120

Cash Collections

Ending Receivables

Total Cash Collections

Total Cash Disbursements

80

160

180

160

Net Cash Inflow/Outflow

Beginning cash balance

$5

Net Cash inflow

Ending cash balance

Minimum cash balance

Cumulative surplus (deficit)