Mallards Manufacturing produces tarps for camping, and the company has been in business since 1955. The company's budgeted beginning cash balance for the year 2024 is $7,143,234 with budgeted cash collections from sales for 2024 of $34,567,423 and budgeted cash disbursements of $38,895,156. What is the budgeted ending cash balance?

Question

Quizplus · Accepted Answer

Budgeted Ending Cash Balance = Budgeted Beginning Cash Balance + Budgeted Cash Sales + Budgeted Cash Collections from Sales F1F1F1S1?F1F1F10 Budgeted Cash Disbursements $7,143,234 +$ 0 + $34,567,423 F1F1F1S1?F1F1F10 $38,895,156 = $2,815,501

Mallards Manufacturing Produces Tarps for Camping, and the Company Has