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Exercise 8-11 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 $8,000 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 $ 9 S 9 Book 99 348 87 Cash balance, beginning Add collections from customers Total cash available Less disbursements: Purchase of inventory Selling and administrative expenses Print 38 48 301 30 30 121 References 10 10 13 43 2 2 2 2 90 Equipment purchases Dividends Total disbursements Excess (deficiency) of cash available over disbursements Financing: Borrowings Repayments (including interest) (2) 16 14 (17) Total financing Cash balance, ending "Interest will total $1,000 for the year. Mc Graw Hill Este Prey 1 of 1 Next