Cash budget
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Glover: Compute budgeted cash collections and disbursements for Company A, B & C
CASH BUDGET
Company A Company B Company C
Beginning cash balance $100 $300 $700
Cash collections ? 400 ?
Cash disbursements 500 ? 600
Cash excess (shortage) ? ? 400
Borrowing (repayments) 300 100 ?
Ending cash 200 200 100
a. For Company A, what are the budgeted cash collections?
b. For Company B, what are the budgeted cash disbursements?
c. For Company C, what are the budgeted cash collections?
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The following solution shows computations of budgeted cash collections and disbursements for Company A, B & C.
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Part 9: Glover Companies
CASH BUDGET
Company A Company B Company C
Beginning cash balance $100 $300 $700
Cash collections $300 400 $300
Cash disbursements 500 $600 600
Cash excess (shortage) (100) 100 400
Borrowing (repayments) 300 100 (300)
Ending cash 200 200 100
a. For ...
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