Use the following information to answer questions # 23 through 28
For each of the transactions listed below, indicate the effect it will have on the cash budget: P = Positive effect; N = Negative effect; 0 = No effect (Hint: how does the transaction below affect cash flow, in the current period, with only the amount of information provided?)
23. current credit sales
24. current cash sales
25. stock repurchase
26. sale of bonds
27. collection of receivables
28. repayment of debt
23. Current credit sales have no effect on cash cash flow in the current period. 0
24. Current cash sales have a positive effect on cash flow in the current ...
The solution provides the correct answers for how each item listed would affect the cash budget. Items are rated by positive effect, negative effect, or no effect.