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Furkat [3]
2 years ago
13

A cash budget, by quarters, is given below for a retail company (000 omitted). The company requires a minimum cash balance of at

least $5,000 to start each quarter. Fill in the missing amounts. (Enter your answers in thousands of dollars. Cash deficiencies and Repayments should be indicated by a minus sign.)
Cash Budget Quarter (000 omitted)
1 2 3 4 Year
Cash balance,beginning $ 9
Add collections from customers 107 367
Total cash available 74
Less disbursements:
Purchase of inventory 46 56 30
Selling and administrative expenses 32 30 109
Equipment purchases 9 9 21 49
Dividends 2 2 2 2
Total disbursements 99
Excess (deficiency) of cash available over disbursements (10) 9
Financing:
Borrowings 7
Repayments (including interest)* (19)
Total financing
Cash balance, ending
*Interest will total $1,000 for the year.
Business
1 answer:
dem82 [27]2 years ago
7 0
Boring 7 then - 9 from the Austin
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Answer:

Statement of Comprehensive Income for 2021;

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Other Comprehensive income (loss):-

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