Answer the questions based on concept and your understanding of how the budget numbers are interrelated Assume each of the following questions is an independent situation A what would be the impact on the cash budget if 30 (instead of 25 ) of credit sales is collected in the month of the sale (Note this is the only change) b What would be the impact on the cash budget, if 90 (instead of 80 ) of the merchandise is paid in the month following the purchase

Question: Answer the questions based on concept and your understanding of how the budget numbers are interrelated. Assume each of the following questions is an independent

Answer the questions based on concept and your understanding of how the budget numbers are interrelated. Assume each of the following questions is an independent situation.
A. what would be the impact on the if 30% (instead of 25%) of credit sales is collected in the month of the sale? (Note this is the only change). b. What would be the impact on the if 90% (instead of 80%) of the merchandise is paid in the month following the purchase?

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