Memo Analysis

As the company's controller please explain the significance of the cash budget. In the report, please share the components of the cash budget. Use the below assignment in Part 1 as an example. Thank you so much.

\f3 1. Prepare a sales budget, Including a schedule of expected cash collections. 2. Prepare a direct materials budget, Including a schedule of expected cash disbursements for purchases of materials. 9.55/10 3. Prepare a cash budget points awarded Scored " B . . . : Cash Budget with Supporting Cash Collections and Disbursements Schedules - Excel 7 0 - 6 X FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In eBook Calibri - 11 . A" A Paste BUT - &- A - Alignment Number Conditional Format as Cell Cells Editing Formatting " Table" Styles . Print Clipboard G Font Styles D11 X V References A C D E January sales 5,500 February sales 18,000 March sales 6,000 Total cash collections $ 34,600 9 Payments to suppliers: 10 Accounts payable for inventory purchases, beginning balance 10,500 11 March purchases 14,100 12 Total cash payments S 24,600 13 14 S&P Enterprises 15 Cash Budget 16 For the Month of March