Question: HW Chapter 8 Saved Exercise 8-11 Cash Budget Analysis [LO8-8] 1 A cash budget, by quarters, is given below for a retail company (000 omitted).

HW Chapter 8 Saved Exercise 8-11 Cash Budget Analysis [LO8-8] 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 $5,000 to start each quarter. Fill in the missing amounts. (Enter your answers in thousands of dollars. Cash deficlencies ond Repayments should be indicated by a minus sign.) 10 points (000 omitted) Quarter (000 omitted) 1 21 Year Cash balance, beginning 6 eBook Add collections from customers 96 323 Total cash available 71 Less disbursements: Purchase of inventory References 35 45 35 Selling and administrative expenses 30 30 113 Equipment purchases 8 8 10 36 Dividends 21 2 Total disbursements 85 Excess (deficiency) of cash available over disbursements Financing (2) 11 Borrowings 15 Repayments (including interest) Total financing (17) Cash balance, ending "Interest will total $1,000 for the year

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