X 0 Incomplete budget bt March $ 79,900 2,100 $ 41,600 Ralph Adventures Cash Budget February and March February Beginning cash balance $ 16,800 Plus Cash collections Plus Cash from sale of plant assets 0 Total cash available $ 107,400 Less Cash payments (purchase inventory) $ $ 47,500 Less Cash payments (operating expenses) $ Total cash payments 97,900 (1) Ending cash balance before financing $ $ Minimum cash balance desired 22,000 $ Cash excess (deficiency) Financing Plus New borrowings $ Less Debt repayments Less Interest payments $ (2) Total effects of financing $ Ending cash balance (1) (2) $ 24,600 22,000 $ $ $ $ Print Done You recently began a job as an accounting intern at Ralph Adventures Your first task was to help prepare the cash budget for February and March Unfortunately, the computer with the budget file crashed, and you did not have a backup or even a hard copy You ran a program to salvage bits of data from the budget file After entering the following data in the budget, you may have just enough information to reconstruct the budget (Click the icon to view information on borrowing cash ) Requirements Complete the following cash budget (For amounts with a $0 balance, make sure to enter 0 in the appropriate input field Enter cash deficiencies with a minus sign or parentheses Enter the net total effects of financing with a minus sign when the amount is a net outflow Round interest expense to the nearest whole dollar ) Ralph Adventures Combined Cash Budget February and March February 16,800 $ Beginning cash balance Plus Cash collections X Plus Cash from sale of plant assets 0 More Info $ 107,400 47,500 Total cash available Less Cash payments (purchase inventory) Less Cash payments (operating expenses) Total cash payments (1) Ending cash balance before financing Minimum cash balance desired Ralph Adventures eliminates any cash deficiency by borrowing the exact amount needed from State Street Bank, where the current interest rate is 6 Ralph Adventures pays interest on its outstanding debt at the end of each month The company also repays all borrowed amounts at the end of the month as cash becomes available $ 97,900 22,000 Print Done Cash excess (deficiency) Financing Plus New borrowings Less Debt repayments Less Interest payments (2) Total effects of financing Ending cash balance (1) (2)

Question

X 0 Incomplete budget bt March $  79,900 2,100   $   41,600   Ralph Adventures Cash Budget February and March February Beginning cash balance $ 16,800 Plus  Cash collections Plus  Cash from sale of plant assets 0 Total cash available $ 107,400 Less  Cash payments (purchase inventory) $ $ 47,500 Less  Cash payments (operating expenses) $ Total cash payments 97,900 (1) Ending cash balance before financing $ $ Minimum cash balance desired 22,000 $  Cash excess (deficiency) Financing Plus  New borrowings $  Less  Debt repayments Less  Interest payments $   (2) Total effects of financing $  Ending cash balance (1)   (2) $  24,600 22,000 $  $          $   $   Print Done You recently began a job as an accounting intern at Ralph Adventures  Your first task was to help prepare the cash budget for February and March  Unfortunately, the computer with the budget file crashed, and you did not have a backup or even a hard copy  You ran a program to salvage bits of data from the budget file  After entering the following data in the budget, you may have just enough information to reconstruct the budget  (Click the icon to view information on borrowing cash ) Requirements Complete the following cash budget  (For amounts with a $0 balance, make sure to enter  0  in the appropriate input field  Enter cash deficiencies with a minus sign or parentheses  Enter the net total effects of financing with a minus sign when the amount is a net outflow  Round interest expense to the nearest whole dollar ) Ralph Adventures Combined Cash Budget February and March February 16,800 $ Beginning cash balance Plus  Cash collections   X Plus  Cash from sale of plant assets 0 More Info $ 107,400 47,500 Total cash available Less  Cash payments (purchase inventory) Less  Cash payments (operating expenses) Total cash payments (1) Ending cash balance before financing Minimum cash balance desired Ralph Adventures eliminates any cash deficiency by borrowing the exact amount needed from State Street Bank, where the current interest rate is 6   Ralph Adventures pays interest on its outstanding debt at the end of each month  The company also repays all borrowed amounts at the end of the month as cash becomes available $ 97,900 22,000 Print Done Cash excess (deficiency) Financing Plus  New borrowings Less  Debt repayments Less  Interest payments (2) Total effects of financing Ending cash balance (1)   (2)

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- X 0 Incomplete budget bt March $? 79,900 2,100 ? $ ? 41,600 ? Ralph Adventures Cash Budget February and March February Beginning cash

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