Chapter 8 - Homework i Saved Help Save & Exit Submit Check my work 1 A cash budget, by quarters, is given below for a retail company (000 omitted). The company requires a minimum cash balance of at least $4,000 to start each quarter. Fill in the missing amounts. (Enter your answers in thousands of dollars. Cash deficiencies and Repayments should be indicated by a minus sign.) 10 points Quarter (000 omitted) (000 omitted) 1 2 3 4 Year Cash balance, beginning $ 7 eBook Add collections from customers 109 392 Total cash available 89 Print Less disbursements: 48 58 32 serience Purchase of inventory Selling and administrative expenses Equipment purchases 45 30 127 References 11 9 23 53 Dividends 2 2 2. 2 114 (2) 7 18 Total disbursements Excess (deficiency) of cash available over disbursements Financing Borrowings Repayments (including interest)* Total financing Cash balance, ending *Interest will total $1,000 for the year. (22) $ 4,000