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Answered: - Develop a cash flow budget using the following information


Develop a cash flow budget using the following information:

a. inventory turnover ratio=12

b. cost of goods is 50% of sales.?

c. accounts payable turnover ratio=12

d. accounts receivable ratio= 12

e. Sales half cash, half credit

f. Minimum cash balance= $1,200

g. September projected sales= $8,000

h. October projected sales= $10,000

i. April & May Projected Sales= $1,000


1. Junes Cash Inflow __________

2. July's Cash Inflow___________

3. August Cash Inflow_________

4. June's Cash Outflow_________

5. July's Cash Outflow_________

6. August's Cash Outflow__________

7. June's Ending Cash Balance_______

8. July Ending Cash Balance________

9. August Ending Cash Balance_________


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