Question: Help Save & Exit Submit MC Qu. 162 Webster Corporation is preparing its cash... Webster Corporation is preparing its cash budget for April. The March


Help Save & Exit Submit MC Qu. 162 Webster Corporation is preparing its cash... Webster Corporation is preparing its cash budget for April. The March 31 cash balance is $37000. Cash receipts are expected to be $644,000 and cash payments for purchases are expected to be $610.000. Other cash expenses expected are $27,300 selling and $33800 general and administrative. The company desires a minimum cash balance at the end of each month of $33,000 If necessary, the company borrows enough cash to meet the minimum using a short-term note. The amount Webster must borrow during April is: so $9.900 K Prex 25 of 40Next > 11:17 PM Help Save & Exit Submit $0. $23,100 $9,900 $104.000. $71,000 11:17 PM 4/28/2019
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