Below is a cash budget as prepared by Vision Co. The company will borrow themselves back...

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Below is a cash budget as prepared by Vision Co. The company will borrow themselves back to a zero cash starting point, but do not need to borrow any additional money. Cash balance, beginning 6 E P Add collections from Customers A F 60 214 Total Cash Available 24 K R. Y Less: Purchases of inventory 45 35 S 128 Marketing Costs 6. 19 Other Expenses: Selling and Admin 11 11 18 Equipment purchases 8. AA Total Disbursements 69 M BB Excess(deficiency) of cash available -15 6 CC Financing: Borrowing N DD Repayments -11 ЕЕ Cash balance, ending W FF Required o Solve for letters A - FF (Note: the letters do not necessarily need to solved in order) Assume no interest is charged on borrowing, some months may not require any borrowing. (0.5 marks each) Below is a cash budget as prepared by Vision Co. The company will borrow themselves back to a zero cash starting point, but do not need to borrow any additional money. Cash balance, beginning 6 E P Add collections from Customers A F 60 214 Total Cash Available 24 K R. Y Less: Purchases of inventory 45 35 S 128 Marketing Costs 6. 19 Other Expenses: Selling and Admin 11 11 18 Equipment purchases 8. AA Total Disbursements 69 M BB Excess(deficiency) of cash available -15 6 CC Financing: Borrowing N DD Repayments -11 ЕЕ Cash balance, ending W FF Required o Solve for letters A - FF (Note: the letters do not necessarily need to solved in order) Assume no interest is charged on borrowing, some months may not require any borrowing. (0.5 marks each)

Answer rating: 100% (QA)

1 A 246 18 2 C CASH AVAILABLEEXPENSEDEFICIENCY 24C15 C2415 39 3 BC5115 3921 ... View the full answer