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Prepare a cash budget for the first quarter

01/05/2021 Client: muhammad11 Deadline: 2 Day

Prepare a cash budget for Atlas Products, Inc., for the first quarter of 2006, based on the following information.

The budgeting section of the corporate finance department of Atlas Products has received the following sales estimates from the marketing department:

Prepare a cash budget for Atlas Products, Inc., for the

The company has found that, on average, about 25 percent of its credit sales are collected during the month when the sale is made, and the remaining 75 percent of credit sales are collected during the month following the sale. As a result, the company uses these figures for budgeting.
The company estimates its purchases at 60 percent of next month's sales, and payments for those purchases are budgeted to lag the purchases by one month.
Various disbursements have been estimated as follows:

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