Which of the following statements is NOT correct concerning the Cash Budget? Multiple Choice The Cash Budget should be prepared before the Budgeted Balance Sheet. The Cash Budget builds on earlier budgets and schedules as well as additional data. The Cash Budget should be prepared before the Budgeted Income Statement. It is not necessary to prepare any other budgets before preparing the Cash Budget.

Spartan credit bank is offering 7.5 percent compounded daily on its savings accounts. you deposit $5,900 today. a. how much will you have in the account in 4 years? (use 365 days a year. do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. how much will you have in the account in 12 years? (use 365 days a year. do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. how much will you have in the account in 19 years?