Explore BrainMass

# Cash budget

This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

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?

#### Solution Preview

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 ...

#### Solution Summary

The following solution shows computations of budgeted cash collections and disbursements for Company A, B & C

\$2.19