Business, 30.03.2020 21:35 pandasarecute53

Southland Company is preparing a cash budget for August. The company has $17,500 cash at the beginning of August and anticipates $121,800 in cash receipts and $135,500 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 $17,500 cash at the beginni...

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