Your answer is incorrect: both of these answers are incorrect :$2300 and $14000 The following information was
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Your answer is incorrect: both of these answers are incorrect :$2300 and $14000
The following information was taken from Ayayai Corp. cash budget for the month of June
Beginning cash balance | $65000 | |
Cash receipts | 87000 | |
Cash disbursements | 110000 |
If the company has a policy of maintaining an end of the month cash balance of $56000, the amount the company would have to borrow is
Related Book For
Cornerstones of Financial and Managerial Accounting
ISBN: 978-0324787351
1st Edition
Authors: Rich Jones, Mowen, Hansen, Heitger
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