Cash budget. How would the cash budget in problem 41 change if new credit and collection policies were implemented such that collections resulted as follows: a. 30%: current month of patient revenues?...

Cash budget. How would the cash budget in problem 41 change if new credit and collection policies were implemented such that collections resulted as follows:

a. 30%: current month of patient revenues?

b. 20% each: past months 1 and 2 of patient revenues?

c. 10% each: past months 3 and 4 of patient revenues?

d. 5% each: past months 5 and 6 of patient revenues?

problem 41

Cash budget. Martha Zeeman Clinic provided the financial information in Exhibit 5.16. Prepare a cash budget for the clinic for the quarter ending March 20X1.