Business, 14.07.2020 21:01, ReaFam

When preparing the cash budget, all the following should be considered except cash payments to suppliers
cash receipts from customers
depreciation expense
cash payments for equipment
Part 2:
Woodpecker Co. has $296,000 in accounts receivable on January 1. Budgeted sales for January are $860,000. Woodpecker Co. expects to sell 20% of its merchandise for cash. Of the remaining 80% of sales on account, 75% are expected to be collected in the month of sale and the remainder the following month. The January cash collections from sales are
$984,000
$688,000
$468,000
$812,000
Part 3:
If budgeted beginning inventory is $8,000, budgeted ending inventory is $9,400, and budgeted cost of goods sold is $10,260, budgeted production should be
a. $11,550
b. $11,660
c. $1,400
d. $9,600

Answers: 1

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When preparing the cash budget, all the following should be considered except cash payments to supp...