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Cash receipts March April May June July

Sales Forecast $ 50,000 $ 60,000 $ 70,000 $ 80,000 $ 100,000
Cash Sales (20%) 10,000 12,000 14,000 16,000 20,000
Collections of AR
Lagged 1 month (60%) 30,000 36,000 42,000 48,000
lagged 2 months (20%) 10,000 12,000 14,000
other Cash Receipts 2,000 2,000 2,000 2,000 2,000
$ 12,000 $ 44,000 $ 62,000 $ 72,000 $ 84,000
 
Cash Disbursement March April May June July
Cash Purchase $ 50,000 $ 70,000 $ 80,000
Rent Payment 3,000 3,000 3,000
Wages and salaries 6,000 7,000 8,000
Cash dividend payments 3,000
Interest and principal payments 4,000
Fixed-asset outlays 6,000
Tax payments       6,000
$ 59,000 $ 93,000 $ 97,000
 
Cash Budget of Grenoble Enterprises May June July
Total Cash Receipts $ 62,000 $ 72,000 $ 84,000
Less: Total Cash Disbursement (59,000) (93,000) (97,000)
Net Cash Flow $ 3,000 ($ 21,000) ($ 13,000)
Add: Beginning Cash 5,000 8,000 ($ 13,000)
Ending Cash $ 8,000 ($ 13,000) ($ 26,000)
Less: Minimum Cash Balance ( 5,000) ( 5,000) ( 5,000)
Required total financing (notes payable) $ 18,000 $ 31,000
Excess cash balance (marketable securities) $ 3,000