Required: Fill in the missing amounts. (Enter your answers in thousands of dollars. Cash deficiencies and Repayments should be indicated by a minus sign.)
Required: Fill in the missing amounts. (Enter your answers in thousands of dollars. Cash deficiencies and Repayments should be indicated by a minus sign.)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
None
![Required:
Fill in the missing amounts. (Enter your answers in thousands of dollars. Cash deficiencies and Repayments should be indicated by
a minus sign.)
Quarter (000 omitted)
(000 omitted)
1
2
3
4
Year
Cash balance, beginning
$
7
Add collections from customers
109
392
Total cash available
89
Less disbursements:
Purchase of inventory
48
58
32
Selling and administrative expenses
45
30
127
Equipment purchases
11
9
23
53
Dividends
2
2
2
2
Total disbursements
Excess (deficiency) of cash available over disbursements
114
(2)
7
Financing:
Borrowings
Repayments (including interest) *
Total financing
Cash balance, ending
*Interest will total $1,000 for the year.
18
(22)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6ceec1b9-1520-4caf-b267-21f5028cdea0%2F042bbc54-072f-42a4-93aa-0898807b479d%2Fu69kp7_processed.png&w=3840&q=75)
Transcribed Image Text:Required:
Fill in the missing amounts. (Enter your answers in thousands of dollars. Cash deficiencies and Repayments should be indicated by
a minus sign.)
Quarter (000 omitted)
(000 omitted)
1
2
3
4
Year
Cash balance, beginning
$
7
Add collections from customers
109
392
Total cash available
89
Less disbursements:
Purchase of inventory
48
58
32
Selling and administrative expenses
45
30
127
Equipment purchases
11
9
23
53
Dividends
2
2
2
2
Total disbursements
Excess (deficiency) of cash available over disbursements
114
(2)
7
Financing:
Borrowings
Repayments (including interest) *
Total financing
Cash balance, ending
*Interest will total $1,000 for the year.
18
(22)
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