Mazisto Ltd wants to increase its R120 000 cash balance by 20% during the budget period. Projected
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Mazisto Ltd wants to increase its R120 000 cash balance by 20% during the budget period. Projected cash inflows and outflows are, respectively, R748 000 and R762 000. Calculate the amount that will be required on short-term loan during the budget period.
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Related Book For
Fundamental Accounting
ISBN: 9781485112112
7th Edition
Authors: David Flynn, Carolina Koornhof, Ronald Arendse, Anna C. E. Coetzee, Edwardo Muriro, Louise Christel Posthumus, Louise Mancy Smit
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