Calculating the Cash Budget Here are some important figures from the budget of

Calculating the Cash Budget
Here are some important figures from the budget of Sagmo AB for the second quarter of 2010:

The company predicts that 5 per cent of its credit sales will never be collected 35 per cent of its sales will be collected in the month of the
sale and the remaining 60 per cent will be collected in the following month. Credit purchases will be paid in the month following the purchase.

In March 2010 credit sales were NKr210000 and credit purchases were NKr156000. Using this information complete the following cash budget: