Business
Business, 20.06.2020 22:57, ruchierosanp1n3qw

Southland Company is preparing a cash budget for August. The company has $17,600 cash at the beginning of August and anticipates $122,000 in cash receipts and $135,700 in cash disbursements during August. Southland Company wants to maintain a minimum cash balance of $10,000. To maintain the minimum cash balance of $10,000, the company must borrow:

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Southland Company is preparing a cash budget for August. The company has $17,600 cash at the beginni...

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