Trotter Enterprises, Inc., has gathered the following data to plan for its cash requirements and short-term investment opportunities for October, November, and December. All amounts are shown in thousands of dollars.

a. Prepare a scenario analysis of Trotter€™s cash budget using €“$20,000 as the beginning cash balance for October and a minimum required cash balance of $18,000.
b. Use the analysis prepared in part a to predict Trotter€™s financing needs and investment opportunities over the months of October, November, and December. Discuss how knowledge of the timing and amounts involved can aid the planningprocess.

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October November December Pessi Most Opti-Pessi Most Opti- PessiMost Opti- mistic likely misticmistc likely mistic c likely mistic likely mistic mistic likel Total cash receipts Total cash S260 $342 $462 $200 S287 $366 $191 $294 $353 disbursements 285 36 42 203 2 313 287 332 315