Flint, Inc. provided the following information: Projected merchandise purchases . . March $67,000 Budgeted cash disbursements April $75,000 Flint pays for 40% of merchandise purchases in the month of the purchase and 60% in the following month. General operating expenses are budgeted to be $25,000 per month of which depreciation is $2,000 of this amount. Flint pays operating expenses in the month incurred. Calculate Flint's budgeted cash disbursements for May. $ May $81,000

The following is the sales budget for the given months of Hecto, Ltd.:   Cash Sales Credit Sales May $59,000 $283,000 June $43,000 $236,000 July $33,000 $205,000 August $47,000 $268,000 September $46,000 $197,000 Additional information to be used determining the expected cash collections each month that will be used in preparing the cash budget:   Collections on Credit sales: 50% in month of sale 20% in month following sale 30% in second month following sale   The Accounts Receivable balance on May 1 was $53,000. Of this amount, $41,000 represented uncollected April sales and $12,000 represented uncollected March sales. Part 1: What is the expect cash to be collected in May?  Part 2: The budgeted Accounts Receivable on September 1 would be: (195500, 202900, 178900, 224900, OR 173300)

Information pertaining to Noskey Corporation’s sales revenue follows:     November 2018(Actual)   December 2018(Budgeted)   January 2019(Budgeted) Cash sales $ 130,000     $ 130,000     $ 80,000   Credit sales   300,000       430,000       220,000   Total sales $ 430,000     $ 560,000     $ 300,000       Management estimates 5% of credit sales to be uncollectible. Of collectible credit sales, 60% is collected in the month of sale and the remainder in the month following the month of sale. Purchases of inventory each month include 70% of the next month’s projected total sales (stated at cost) plus 30% of projected sales for the current month (stated at cost). All inventory purchases are on account; 25% is paid in the month of purchase, and the remainder is paid in the month following the month of purchase. Purchase costs are approximately 60% of the selling price.   Required: Determine for Noskey:   1. Budgeted cash collections in December 2018 from November 2018 credit…

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Blue Spruce, Inc. provided the following information:     March   April   May   Projected merchandise purchases   $67,000   $77,500   $81,500   • Blue Spruce pays for 40% of merchandise purchases in the month of the purchase and 60% in the following month.   • General operating expenses are budgeted to be $24,000 per month of which depreciation is $2,300 of this amount. Blue Spruce pays operating expenses in the month incurred.   Calculate Blue Spruce’s budgeted cash disbursements for May. Budgeted cash disbursements   $enter the budgeted cash disbursements in dollars

required: Use this information to prepare a cash budget for the first two quarters of the year

Sarasota Company budgeted the following information for 2022: May Budgeted purchases of merchandise $105,500 ● ● ● ● June $110,500 Cash Disbursements Cost of goods sold is 40% of sales. Accounts payable is used only for merchandise inventory acquisitions. Sarasota purchases and pays for merchandise 60% in the month of acquisition and 40% in the following month. Selling and administrative expenses are budgeted at $32,000 for May and are expected to increase 5% per month. These expenses are paid during the month when incurred. In addition, depreciation is budgeted at $10,000 per month. Income taxes are $39,100 for July and are paid in the month incurred. Compute the amount of budgeted cash disbursements for July. July $101,500

Domestic

Garden Depot is a retailer that provided the following budgeted cash flows for next year: 3rd Quarter $ 220,000 $ 227,000 Total cash receipts Total cash disbursements 1st Quarter 2nd Quarter $ 190,000 $ 340,000 $ 267,000 $ 237,000 The company's beginning cash balance for next year will be $22,000. The company requires a minimum cash balance of $10,000 and may borrow money at the beginning of any quarter and may repay any part of its loans at the end of any quarter. Interest payments, based on a quarterly interest rate of 3%, are due on any principal at the time it is repaid. For simplicity, assume interest is not compounded. Required: Prepare the company's cash budget for next year. Note: Repayments, interest, and cash deficiencies should be indicated by a minus sign. Beginning cash balance Total cash receipts Total cash available Total cash disbursements Excess (deficiency) of cash available over disbursements Financing: Borrowings Repayments Interest Total financing Ending cash…

ABC Company has a cash balance of $37,000 on August 1 and requires a minimum ending cash balance of $24,160. Cash receipts from sales budgeted for August are $200,160. Cash disbursements budgeted for August include inventory purchases, $29,000; other manufacturing expenses, $55,000; operating expenses, $40,000; bond retirements, $62,000; and dividend payments, $27,000. Required: Prepare a cash budget for ABC Company for August. Beginning cash balance. Cash Receipts: Total cash available Cash Disbursements: Total cash disbursements Ending cash balance August