Mathematics, 06.03.2020 14:33, dinosaur10
How do U figure out the cumulative cash balance on a cash budget for 6 months I will list the numbers I have they are 1st sales receipts for
Jan. 300.00
Feb. 350.
Mar. 300.
Apr. 350.
May 400.
Jun. 300.
Then they give cash dispursements for each month which I believe ='s the net cash flow? Right? So they are these..
Jan. 200.00 so 300-200=100.00
Feb. 200.00 so 350-200=150.00
Mar. 210.00 so 300-210=90.00
Apr. 295.00 so 350-295=55.00
May 375.00 so 400-375=25.00
Jun 300.00 so 300-300=0.00
Now they want me to find the cumulative cash balances for jan-June.
How do u figure them out or what are the answers? Any honest help is much appreciated!
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