Given the following, complete the table Cash Receipts increase by 4% every month. A Cash Disbursements is 60% of the total monthly cash receipts and The minimum cash balance per month is P 60,000. Cash Budget Jan Feb Mar Аpr May Jun P 77,000.00 Cash Receipts Less: Cash Disbursements Net Cash Flow P 34,800.00 Add: Beginning Cash Ending Cash Less: Minimum Cash Balance Required Total Financing / Excess Cash Balance

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Given the following, complete the table
Cash Receipts increase by 4% every month. A Cash Disbursements is 60% of the total monthly
cash receipts and The minimum cash balance per month is P 60,000.
Cash Budget
Jan
Feb
Mar
Apr
May
Jun
Cash Receipts
P 77,000.00
Less: Cash
Disbursements
Net Cash Flow
P 34,800.00
Add: Beginning Cash
Ending Cash
Less: Minimum Cash
Balance
Required Total
Financing / Excess Cash
Balance
Transcribed Image Text:Given the following, complete the table Cash Receipts increase by 4% every month. A Cash Disbursements is 60% of the total monthly cash receipts and The minimum cash balance per month is P 60,000. Cash Budget Jan Feb Mar Apr May Jun Cash Receipts P 77,000.00 Less: Cash Disbursements Net Cash Flow P 34,800.00 Add: Beginning Cash Ending Cash Less: Minimum Cash Balance Required Total Financing / Excess Cash Balance
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