Munoz Medical Clinic has budgeted the following cash flows:
***** Can you please explain in detail – where does the
$18,000 come from- This is for the
Borrowing (repayment)
section**** This is based on the correct
answers below according to Connect***? Please explain, I am super
confused as to where did $18,000 came from???
January
February
March
Cash receipts
$
110,000
$
116,000
$
136,000
Cash payments
For inventory purchases
95,000
77,000
90,000
For S&A expenses
36,000
37,000
32,000
Munoz...