Please answer the following worksheet with chart filled out. I'm stuck

1 2 Question and Problem Sets Chapter 18, Question 3. Changes in the Operating Cycle [LO1] Indicate the effect that the following will have on the operating cycle. Use the letter I to indicate an increase, the letter D for a decrease, and the letter N for no change: a. Average receivables goes up. I b. Credit repayment times for customers are increased. D c. Inventory turnover goes from 3 times to 6 times. D d. Payables turnover goes from 6 times to 11 times.N e. Receivables turnover goes from 7 times to 9 times. D f. Payments to suppliers are accelerated. N 11. Calculating the Cash Budget [LO3] Here are some important figures from the budget of Nashville Nougats, Inc., for the second quarter of 2015: The company predicts that 5 percent of its credit sales will never be collected, 35 percent of its sales will be collected in the month of the sale, and the remaining 60 percent will be collected in the following month. Credit purchases will be paid in the month following the purchase. In March 2015, credit sales were $235,000 and credit purchases were $161,300. Using this information, complete the following cash budget: Beginning of cash balance Cash receipts Cash collections from credit sales Total cash available Cash disbursements Purchases April 135,000 May June 3 Wages, taxes, and expenses Interest Equipment purchases Total cash disbursements Ending cash balance