total cash reciepts 1st quarter 310000 2nd 430000 3rd 360000 4th 380000

total cash disbirsements 365000 335000 325000 345000

the companys beg cash balance for upcomg fiscal year will be 25000. the company requires a min cash balance of

Garden Depot is a retailer that is preparing its budget f the upcoming fiscal year. Management has prepared th following summary of its budgeted cash flows: Garden Depot is a retailer that is preparing its budget for the upcoming fiscal year. Management has prepared the following summary of its budgeted cash flows: $10,000 may orrow any amount needed from a local bank at a quarterly interest The company may borrow any amount at the beginning of any quarter and may repay its loans, or any part of its loans, at the end of any quarter Interest payments are due on any principal at the time it is repaid. For simplicity, assume that interest is not compounded. Required: Prepare the company's cash budget for the upcoming fiscal year. (Repayments, and interest, should be indicated by a minus sign.) Garden Depot Cash Budget 1st Quarter 3rd 2nd Quarter Quarter 4th Quarter Year Beginning cash balance Total cash receipts Total cash available Total cash disbursements Excess of cash available over disbursements Financing Borrowings Repayments Interest Total financing Ending cash balance