It is November 2010 and you have been asked to work on next year's cash budget for

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It is November 2010 and you have been asked to work on next year's cash budget for the Far Flung Sports Company. You have gathered the following information:
It is November 2010 and you have been asked to

Required:
(a) Prepare a monthly cash budget for 2011 and the first quarter of 2012. Prepare your calculations to one decimal.
(b) Evaluate the month-end cash figures that the cash budget predicts.

Cash Budget
A cash budget is an estimation of the cash flows for a business over a specific period of time. These cash inflows and outflows include revenues collected, expenses paid, and loans receipts and payment.  Its primary purpose is to provide the...
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Related Book For  answer-question

Financial Management for Decision Makers

ISBN: 978-0138011604

2nd Canadian edition

Authors: Peter Atrill, Paul Hurley

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