Question: With formulas please.. Its for excel sheet d. What are the ending cash balances if the firm uses any cash in excess of the minimum

With formulas please.. Its for excel sheet d. What are the ending cash balances if the firm uses any cash in excess of

With formulas please.. Its for excel sheet

d. What are the ending cash balances if the firm uses any cash in excess of the minimum to pay off its short-term borrowing in each month? Loblaw Manufacturing has asked you to create a cash budget in order to determine its borrowing needs for the June to October period. You have gathered the following information. 2. Month Sales Other Payments $130,000 121,875 113,750 81,250 73,000 June 2017 $279,500 July 230,750 August September October November 196,625 151,125 123,500 131,625

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