Schwety Confectionery Co.Sales Forecast and Cash ...

[lracut11]

Schwety Confectionery Co.

Sales Forecast and Cash Budget

($000,000s)

​	Nov	Dec	Jan	Feb	March	April
Sales Forecast	$13.2	$13.6	$12.8	$11.3	$11.6	$10.1
Cash Sales	​	​	​	​	​	​
Collections from last month	​	​	​	​	​	​
Collections from 2 months ago	​	​	​	​	​	​
Total Cash Inflows	​	​	​	​	​	​
​	​	​	​	​	​	​
Purchases From Suppliers	​	​	​	​	​	​
Payments to Suppliers	​	​	​	​	​	​
General & Admin Expenses	​	​	3.50	3.50	3.50	​
Taxes	​	​	2.00	2.00	2.00	​
Total disbursements	​	​	​	​	​	​
​	​	​	​	​	​	​
Net Cash Flow	​	​	​	​	​	​
​	​	​	​	​	​	​
Beginning cash balance	​	​	$6.00	​	​	​
Plus: Net Cash Flows	​	​	​	​	​	​
Ending Cash balance	​	$6.00	​	​	​	​

Referring to Schwety, what is the cash balance at the end of March?
◦ $10.90
◦ $11.50
◦ $12.70
◦ $13.00
◦ $13.70

[lin77x]

A FREE account is required to view all solutions! Click to Register

Login with Facebook Login with Google Login with Email

Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.

Answer Preview

Only 50% of students answer this correctly

[lracut11]

Thanks for the timely response, appreciate it

[bulacsom]

TYSM