hho8e_ewp_21-16 - Financing of cash deficiency Cash from...

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April May $16,200 80,100 0 2,000 106,300 $41,600 $47,400 98,000 27,500 (25,000) (25,000) Beginning cash balance E21-16 (20 min) Ralph Golf Park Cash Budget April and May Ending cash balance Cash payements: Cash collections Cash available Interest expense Principal repayments (at end of month) Borrowing (at end of month)
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Unformatted text preview: Financing of cash deficiency: Cash from sale of plant assets Purchases of inventory Operating expenses Cash excess (deficiency) Total effect of financing Ending cash balance before financing Less: Minimum cash balance desired Total payments...
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