Sugar high inc - $(1,800 $16,200 $86,800 Minimum Cash Requirement $30,000 $30,000 $30,000 Amount to Borrow from LOC(if Cash Available< Min Cash

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April May June Cash Collections (A)  $170,000   $400,000   $335,000  Less Cash Disbursements RM  $40,000   $72,300   $72,700  DL  $20,800   $36,800   $23,200  OH  $56,000   $76,000   $59,000   $70,000   $85,000   $75,000  equipment purchases  $-   $143,700   $48,300  dividends  $25,000   $-   $-  Total Cash Disbursements (B)  $211,800   $413,800   $278,200  Increase(Decrease) in Cash Balance (A) - (B)  $(41,800)  $(13,800)  $56,800  + Beginning Cash Balance $40,000   $30,000   $30,000  Cash Available (Cash Shortfall) (C)
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Unformatted text preview: $(1,800) $16,200 $86,800 Minimum Cash Requirement $30,000 $30,000 $30,000 Amount to Borrow from LOC (if Cash Available < Min Cash Requirement) (D) $31,800 $13,800 $0 Repayments to LOC (if Cash Available > Min Cash Requirement and there is an outstanding balance on the LOC) (E) $- $- $45,600 Ending Cash Balance (C) + (D) - (E) $30,000 $30,000 $41,200 Sugar High, Inc....
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This note was uploaded on 05/26/2011 for the course ACCT 2102 taught by Professor Farmer during the Spring '08 term at University of Georgia Athens.

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