wrap Text Copy aste Billu ,11 | |-Merge & Center Format Exercise 7 Your Co. collects 50% of its sales in the month of the sale, 30% the following month, and 20% in the second month after the sale. Calculate budgeted cash receipts for March and April. January February March April May June 150 120 180 90 210 150 Cash receipts in March Cash receipts in April Exercise 8 Your Co. pays 60% of its purchases in the month of the purchase and 40% the following month. Calculate budgeted cash disbursements from purchases. January February March 60 Apri May June 12 75 March disbursements for purchases April disbursements for purchases May disbursements for purchases Exercise 9 Prepare the monthly cash budget assuming Yo Co. wants to maintain a minimum cash 2 10-12 DO EX Problem In