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What is the budgeted ending cash balance for this period?

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Question

the following information necessary to prepare a cash budget;Beginning cash balance 28000;cash receipts 56000;cash payments 41000;minimun cash balance 2000;loan repayments 10000;What is the budgeted ending cash balance for this period?;a. $0;b. $5,800;c. $7,800;d. $9,000;e. $19,000

 

Paper#24837 | Written in 18-Jul-2015

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