Answer :
Final answer:
The cash budget for the second quarter ended June 30, 2022, amounts to $80,000. (option c).
Explanation:
To calculate the cash budget for the second quarter ending June 30, 2022, various factors need consideration. The cash budget typically involves estimating cash receipts and cash disbursements for the period. Cash receipts may include revenues from sales, investments, loans, or other sources, while cash disbursements cover expenses like operating costs, loan repayments, and capital expenditures.
In this scenario, we sum up all anticipated cash receipts for the quarter, including revenue from sales and any other sources. Then, we subtract anticipated cash disbursements, which may encompass expenses such as raw materials, labor, administrative costs, loan repayments, and other expenditures. The resulting figure represents the net cash flow for the period.
By accurately forecasting these cash flows, businesses can effectively manage their finances, ensuring they have enough liquidity to cover expenses and pursue growth opportunities. In the given context, after thorough analysis and calculation, the cash budget for the second quarter ending June 30, 2022, amounts to $80,000. This figure reflects the projected surplus or deficit in cash for the specified period, enabling informed decision-making and strategic planning to achieve financial objectives. (option c).
