CASH BUDGET
1st quarter | 2nd quarter | 3rd quarter | 4th quarter | year | |
beginning balance | 24000 | 10000 | 52400 | 48400 | 24000 |
Total cash receipts | 200000 | 350000 | 230000 | 250000 | 1030000 |
cash disbursements | 274000 | 244000 | 234000 | 254000 | 1006000 |
excess of cash over disbursements | -50000 | 116000 | 48400 | 44400 | 48000 |
financing | |||||
borrowings | 60000 [50000+10000minimum] | 60000 | |||
repayments | -60000 | -60000 | |||
interest | -3600[60000*3%*2quarter] | -3600 | |||
total financing | 60000 | ||||
ending cash balance | 10000 [-50000+60000] | 52400 | 48400 | 44400 | 44400 |
Garden Depot is a retailer that is preparing its budget for the upcoming fiscal year. Management...
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: Total cash receipts Total cash disbursements 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter $ 250,000 $ 400,000 $ 280,000 $ 300,000 $ 309,000 $ 279,000 $ 269,000 $ 289,000 The company's beginning cash balance for the upcoming fiscal year will be $34,000. The company requires a minimum cash balance of $10,000 and may...
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: 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter $290,000 337,000 $ 340,000 $ 317,000 $ 440,000 $ 307,000 $ 320,000 $ 297,000 Total cash receipts Total cash disbursements The company's beginning cash balance for the upcoming fiscal year will be $42,000. The company requires a minimum cash balance of $10,000 and may borrow any...
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: Total cash receipts Total cash disbursements 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter $ 250,000 $ 400,000 $ 280,000 $300,000 $ 309,000 $ 279,000 $ 269,000 $289,000 The company's beginning cash balance for the upcoming fiscal year will be $34,000. The company requires a minimum cash balance of $10,000 and may borrow any...
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: Total cash receipts Total cash disbursements 1st Quarter 2nd Quarter 3rd Quarter $ 220,000 $ 370,000 $ 250,000 $ 288,000 $ 258,000 $ 248,000 4th Quarter $ 270,000 $ 268,000 The company's beginning cash balance for the upcoming fiscal year will be $28,000. The company requires a minimum cash balance of $10,000 and may...
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: Total cash receipts Total cash disbursements 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter $ 200,000 $ 350,000 $ 230,000 $ 250,000 $ 274,000 $ 244,000 $ 234,000 $ 254,000 The company's beginning cash balance for the upcoming fiscal year will be $24,000. The company requires a minimum cash balance of $10,000 and may...
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: Total cash receipts Total cash disbursements 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter $ 210,000 $360,000 $ 240,000 $ 260,000 $ 281,000 $ 251,000 $ 241,000 $ 261,000 The company's beginning cash balance for the upcoming fiscal year will be $26,000. The company requires a minimum cash balance of $10,000 and may borrow...
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: Total cash receipts Total cash disbursements 1st Quarter 2nd Quarter $ 290,000 $ 410,000 $ 351,000 $ 321,000 3rd Quarter $ 340,000 $ 311,000 4th Quarter $360,000 $ 331,000 The company's beginning cash balance for the upcoming fiscal year will be $47,000. The company requires a minimum cash balance of $10,000 and may borrow...
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: Total cash receipts Total cash disbursements 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter $ 280,000 $ 400,000 $ 330,000 $ 350,000 $ 344,000 $ 314,000 $ 304,000 $ 324,000 The company's beginning cash balance for the upcoming fiscal year will be $45,000. The company requires a minimum cash balance of $10,000 and may...
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: Total cash receipts Total cash disbursements 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter $ 190,000 $ 340,000 $ 220,000 $ 240,000 $ 267,000 $ 237,000 $ 227,000 $ 247,000 The company's beginning cash balance for the upcoming fiscal year will be $22,000. The company requires a minimum cash balance of $10,000 and may...
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: Total cash receipts Total cash disbursements 1st Quarter 2nd Quarter 3rd Quarter $ 220,000 $ 370,000 $ 250,000 $ 288,000 $ 258,000 $ 248,000 4th Quarter $ 270,000 $ 268,000 The company's beginning cash balance for the upcoming fiscal year will be $28,000. The company requires a minimum cash balance of $10,000 and may...