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Maddieskye Maddieskye
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3 years ago
The Gadget Company manufactures a wrist watch for spy agencies. The watch has a built-in cell phone, Geiger counter, compass, magnet and garroting wire. Forecasted sales are shown on the top row of the table. Forecasted cash inflows and outflows are also shown in the table. The cash balance at the end of May is $30,000. What is the cash balance at the end of June?

Sales Forecast Cash Budget
The Gadget Company
​AprilMayJune
Sales forecast$30,000$30,000$30,000
Total Cash inflows$30,000$30,000$30,000
Total Cash Outflows$13,750$13,750$13,750
Net cash flow​​​
Beginning Cash Balance​​​
Plus: Net Cash Flows​​​
Ending Cash Balance​$30,000​


▸ $36,750

▸ $42,250

▸ $46,250

▸ $46,750

▸ $50,000
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 2nd
Authors:
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AlahuKakparAlahuKakpar
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3 years ago
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Maddieskye Author
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3 years ago
this is exactly what I needed
megan.xo
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Yesterday
This calls for a celebration Person Raising Both Hands in Celebration
hannahspillett
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2 hours ago
Smart ... Thanks!
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