Question: Please solve A through D with an explanation. Week Three Assignment: Prepare Financial Projections a. Using the information provided, conatruct a monthly cash budget for
Please solve A through D with an explanation.

Week Three Assignment: Prepare Financial Projections a. Using the information provided, conatruct a monthly cash budget for October through December 2017. Based on your amalyais, will Noble enjoy a surplas of cash, or require external financing? b. Construct a pro forma income statement for the first fiscal quarter of 2018 (Oct through Dec. 2017) and a pro forma balance abeet as of December 31, 2017. What is your estimated external funding required for December 31 ? c. Does the December 31,2017 estimated external financing equal your cash surplus (deficit) for this date from your cash budget? d. Based on your answers above, construct a cash flow forecast for Noble for the period October through December 2017. NOBLE EQUIPMENT CORP. 1 Cost of goods sold consists entirely of items purchased during the quarter. 2 Selling and administrative expenses consist entirely of salaries. 3 Depreciation is straight-line at the rate of $4,000 per quarter. 4 Accrued expenses are not expected to change in the last quarter. 5$25.7 due December 2017. No payments for remainder of year
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