Using the information attached, construct a monthly cash budget for Pepperton for January through March 2006. Does it appear from your results that the treasurer should be concerned about investing excess cash or looking for a bank loan?
The treasurer has a big problem beginning in February, according to the attached cash flow budget. Now is the time to talk with bankers. The January excess ...
The solution lays out a cash flow budget for a three-month period, and then asks some questions about problems disclosed.