Make a cash budget for mar-jun

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If it is known that the actual sales and purchases data and predictions from WWY Company for January-June 2019 are as follows (Jan and Feb are actual data):

                              Purchase                  Sales

Jan                               100,000          60,000

Feb                                125,000        48,000

Mar                                  112,000      51,000

Apr                                  98,000         56,000

May                                 102,000        64,000

Jun                                    130,000        60,000

WWY Company received this sales gradually, 20% was received in cash in the month of sale, 40% was received the following month, and 40% was received in the second month. Purchases are made on credit, with a payment scheme of 40% in one month after purchase, and 60% in full two months after purchase.

Question 1: Make a Cash budget for Mar-Jun 2019

Reference no: EM132609144

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