Question: time base! please help ! i will give you upvote The president, Donald Martin, has collected the following information about her operations as at December

time base! please help ! i will give you upvote
time base! please help ! i will give you upvote The president,
Donald Martin, has collected the following information about her operations as at
December 31 : 1. Balance of selected ledger accounts: 2.5ales history and
forecast (unit selling price, $12 ) 3. All sales are on credit

The president, Donald Martin, has collected the following information about her operations as at December 31 : 1. Balance of selected ledger accounts: 2.5ales history and forecast (unit selling price, $12 ) 3. All sales are on credit and are due 30 divs after the sale. 4. Cash payments for purchanes areas follows two-thirds in the month of nurchase; one-third in the month after that. 5. Martin Ledicollects 50% of a monthis sales one month after the sale and 45% two months after the sales; 5% are uncollectible. 6. The comsany purchases inventory as required under terms of 2/10 net 30 it always takes the 22 dhecount, but reconds The company purchases inventory as required under terms of 2/10, net 30 . It always takes the 2% discount, but records purchases at gross cost. 7. I Imentory costs $6 per unit, gross: 8. Other expenses, all paid in cash as incurred, average about 30% of the sales dollar amount. Depreciationis part of these expenses and costs 53,450 per month 9. Martin Ltd. keeps a minimumeash balance of $4,600. Pregare a cash budget for January, ind icating whether Martin Ltd. will need a loan to finance its computer acquisition, (Enter negutive amounts using either a negative sign preceding the number eg 45 or parentheser es. (45). Aound answers to 0 decimal ploces, eg 5,275 ). MARTINLTD. CashBudget For the Month Ended January 31 Firvincing Operating cots Accounts propble-ferm December Total financing Reparrment Cashireceipts: Enting cashbalance. Total cashreceipts Total availablecant Bocrowing Collectiosis from December Excess (Defciency) of cash available over cash dibuirsements Murchase of Land Diburyenients Purctuse of Equionent Merchandes purchares Collections from Nivenember Beginining cosh balance Total tisburseivents

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