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Business, 25.05.2021 23:50 rileyeddins1010
During September, the capital expenditure budget indicates a $400000 purchase of equipment. The ending September cash balance from operations is budgeted to be $56000. The company wants to maintain a minimum cash balance of $25000. What is the minimum cash loan that must be planned to be borrowed from the bank during September?
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During September, the capital expenditure budget indicates a $400000 purchase of equipment. The endi...
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