Business, 29.07.2020 21:01, anna40794

Southland Company is preparing a cash budget for August. The company has $16,300 cash at the beginning of August and anticipates $124,200 in cash receipts and $133,800 in cash payments during August. Southland Company wants to maintain a minimum cash balance of $10,000. The preliminary cash balance at the end of August before any loan activity is:

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Southland Company is preparing a cash budget for August. The company has $16,300 cash at the beginni...