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 ...

Answer Beginning cash balance 65000 Cash receipts 87000 Cash disbursemen ...

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

$23000.$14000.$34500.$0.

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Cornerstones of Financial and Managerial Accounting

ISBN: 978-0324787351

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Authors: Rich Jones, Mowen, Hansen, Heitger

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Posted Date: Feb 14, 2022 11:27 AM

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Cornerstones of Financial and Managerial Accounting

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