Chapter $11($Homework Exercises $($Master Budgeting$)$ i

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A cash budget, by quarters, is given below for a retail company $(000$ omitted$).$ The company requires a minimum cash balance of $$7,000$ to start each quarter.

$0\mathrm{.}5$ points

Required:

Fill in the missing amounts.

Note: Enter your answers in thousands of dollars. Cash deficiencies and Repayments should be indicated by a minus sign.

References

$\backslash$table$[[,$Quarter $(000$ omitted$),(000$ omitted$)],[,1,2,3,4,$Year$],[$Cash balance, beginning,$ $6,$$ $7,$$ $7,$$ $7,],[$Add collections from customers,,,$112,,401],[$Total cash available,$85,,,,],[$Less disbursements:,,,,,$],[$Purchase of inventory,$51,61,,35,],[$Selling and administrative expenses,,$45,30,,117],[$Equipment purchases,$14,9,26,,59],[$Dividends$,2,2,2,2,],[$Total disbursements $,,,117,,,],[$Excess $($deficiency$)$ of cash available over disbursements,$(4),,8,,],[$Financing:$,,,,,],[$Borrowings$,,15,,,],[$Repayments $($including interest$)*,,,,(26),],[$Total financing,,,,,$],[$Cash balance, ending,,,,,$],[*$Interest will total $$1,000$ for the year.,,,,,$]]$