A firm has estimated the following two month cash budget What is the cash surplus or deficit for these two months Discuss Mar Apr Sales 75 68 Cash collection 63 0 65 0 Total cash disbursement 60 0 57 0 Net cash flow 3 0 8 0 Cumulative net cash flow 11 0 Minimum cash balance 3 0 3 0 Cash surplus or ...

A firm has estimated the following two month cash budget. What is the cash surplus or deficit

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A firm has estimated the following two month cash budget. What is the cash surplus or deficit for these two months? Discuss.

	Mar	Apr

Sales	75	68

Cash collection	63.0	65.0

Total cash disbursement	60.0	57.0

Net cash flow	3.0	8.0

Cumulative net cash flow	11.0	?

Minimum cash balance	3.0	3.0

Cash surplus or deficit	?	?

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Finance Applications and Theory

ISBN: 978-0077861681

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Authors: Marcia Cornett, Troy Adair

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Question Posted: Sep 23, 2014 10:52 AM

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A firm has estimated the following two month cash budget. What is the cash surplus or deficit

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