Chap 11 Flashcards
(3 cards)
1
Q
Sources of cash
A
Receiable at start (= sale in last period)
Sale
Collection
+ Sale cur
+ Sale last
Total collection
Receiable at ending = Receivable at start + sale - total collection
2
Q
Use of cash
A
Total
3
Q
Balance
A
Cash at start Change in cash = Total collection - Total uses Cash at ending = Cash at start + Change Minimum Cacumlative = Minimum - Cash at ending
