Sarah has decided she needs to look for external finance to ensure the company is solvent for
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Sarah has decided she needs to look for external finance to ensure the company is solvent for the first 6 months. How much cash does the business need to borrow to ensure there is no cash deficit in any month?
(a) £18,000
(b) £6,150
(c) £5,100
(d) £4,800
(e) £3,700
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Related Book For
Business Accounting An Introduction To Financial And Management Accounting
ISBN: 9780230276239
2nd Edition
Authors: Jill Collis, Roger Hussey, Andrew Holt, Holt Collis, J. Collis
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