Cash budget. How would the cash budget in problem 42 change if new credit and collection policies were implemented such that collections resulted as follows: a. 40%: current month of patient revenues?...

Cash budget. How would the cash budget in problem 42 change if new credit and collection policies were implemented such that collections resulted as follows:

a. 40%: current month of patient revenues?

b. 15% 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 42

Cash budget. Rose Valley Rehab Facility provided the financial information in Exhibit 5.17. Prepare a cash budget for the facility for the quarter ending March 20X1.