Accounting excel

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Requireda. Create a 12-month cash flow budget in Excel using the following assumptions:§ Initial sales of $5 million, with forecasted monthly growth of 1%§ 40% of each month’s sales for cash; 30% collected the following month; 20% collected 2 months later; 8% collected 3 months later; and 2% never collected§ Initial cash balance of $350,000b. Add a “spinner” to your spreadsheet that will enable you to easily change forecasted monthly sales growth to range from 0.5% to 1.5% in increments of 0.1%.c. Add a scroll bar to your spreadsheet that will let you modify the amount of initial sales to vary from $4 million to $6 million in increments of $100,000.d. Design appropriate data entry and processing controls to ensure spreadsheet accuracy.15/05/202015businessfinance