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Discuss how webber company is preparing its cash budget

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Webber Company is preparing its cash budget for the upcoming quarter. The budgeted beginning cash balance is expected to be $30,000.  Cash Receipts and Disbursements are as follows for each month of the quarter.


 Month 1 Month 2 Month 3
Cash Receipts 10000 11000 12000
Cash Disbursements 9000 14512 8349

Webber wants to maintain a minimum cash balance of $29382 each month of the quarter.  How much will they need to borrow at anytime during the quarter (either month 1,2, or 3) in order to maintain that balance?

Reference no: EM131792873

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