Business, 30.01.2020 02:46 karinagaticap73vrn
Santos co. is preparing a cash budget for february. the company has $20,000 cash at the beginning of february and anticipates $75,000 in cash receipts and $100,250 in cash disbursements during february. what amount, if any, must the company borrow during february to maintain a $5,000 cash balance. the company has no loans outstanding on february 1. determine the beginning cash balance, total cash available, preliminary cash balance, and the ending cash balance.
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Santos co. is preparing a cash budget for february. the company has $20,000 cash at the beginning of...
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