Business, 31.07.2019 19:30 yani246

Webster corporation is preparing its cash budget for april. the march 31 cash balance is $36,600. cash receipts are expected to be $643,000 and cash payments for purchases are expected to be $610,500. other cash expenses expected are $27,200 selling and $33,700 general and administrative. the company desires a minimum cash balance at the end of each month of $32,000. if necessary, the company borrows enough cash to meet the minimum using a short-term note. webster's preliminary cash balance before loan activity for april is expected to be:

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Webster corporation is preparing its cash budget for april. the march 31 cash balance is $36,600. ca...