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Compute the respective net cash flows and cumulative cash balances for the months indicated on the following cash budget for six months.

Compute the respective net cash flows and cumulative cash balances for the months indicated on the following cash budget for six months class=

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Answer:

6 Month Cumulative Cash Flow= $475

Step-by-step explanation:

Net Cash Flow=Sale Receipts-Cash Disbursements

6 Month Net=Total Of monthly net cash flows

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Answer:

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Answer:

Cumulative cash flow - $420

Net cash flow

Jan = $100

Feb= $150

Mar= $90

Apri -$55

May = $25

June -0

Explanation:

                                         Jan - Feb - Mar - Apr - May - June

sale receipt                        300   350  300   350   400   300

Disbursement                    (200)  (200) (210) (295) (375) (300)

Net cash flow                    100     150    90     55      25     0

Cumulative balance = $420

January = 100

February = 150

March = 90

April = 55

May = 25

June = 0

Step-by-step explanation:

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