Shannon Companies

CASH BUDGET

Company A Company B Company C

Beginning cash balance $100 $300 $700

Cash collections ? 400 ?

Cash disbursements 500 ? 600

Cash excess (shortage) ? ? 400

Borrowing (repayments) 300 100 ?

Ending cash 200 200 100

Refer to Shannon Companies.For Company B,what are the budgeted cash disbursements?

Question

Shannon Companies

	CASH BUDGET
	Company A	Company B	Company C
Beginning cash balance	$100	$300	$700
Cash collections	?	400	?
Cash disbursements	500	?	600
Cash excess (shortage)	?	?	400
Borrowing (repayments)	300	100	?
Ending cash	200	200	100

Refer to Shannon Companies.For Company B,what are the budgeted cash disbursements?

Quizplus · Accepted Answer

The beginning cash balance for Company B is $300, cash collections are $400, and the ending cash is $200. Therefore, cash disbursements can be calculated as: $300 (beginning) + $400 (collections) - $X (disbursements) = $200 (ending). Solving for X gives $600.