Best-Parties, Inc. has a beginning cash balance of $73,000 in July. The company maintains a minimum...
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Best-Parties, Inc. has a beginning cash balance of $73,000 in July. The company maintains a minimum cash balance of $30,000, July cash receipts are budgeted to be $118,000. July cash disbursements are expected to total S185,000. How much will Best-Parties need to borrow in July? O S65,000 O s24,000 O s11,000 O $6.000 Best-Parties, Inc. has a beginning cash balance of $73,000 in July. The company maintains a minimum cash balance of $30,000, July cash receipts are budgeted to be $118,000. July cash disbursements are expected to total S185,000. How much will Best-Parties need to borrow in July? O S65,000 O s24,000 O s11,000 O $6.000
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Advanced Accounting
ISBN: 9780132568968
11th Edition
Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith
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