Cash Surplus or Deficit A firm has estimated the 2 month cash budget below What is the cash surplus or deficit for these two months (LG12) ($ in millions) Sales MAR APR 120 0 130 0 Cash collection 84 0 90 0 Total cash disbursement 90 0 85 0 Net cash flow 6 0 5 0 Cumulative net cash flow 15 0 Minimu...

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Cash Surplus or Deficit A firm has estimated the 2-month cash budget below. What is the cash

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Cash Surplus or Deficit A firm has estimated the 2-month cash budget below. What is the cash surplus or deficit for these two months? (LG12) image text in transcribed

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Finance Applications And Theory

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Authors: Marcia Cornett, Troy Adair, John Nofsinger

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Question Posted: Jun 05, 2024 01:05 AM

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Cash Surplus or Deficit A firm has estimated the 2-month cash budget below. What is the cash

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($ in millions) Sales MAR APR 120.0 130.0 Cash collection 84.0 90.0 Total cash disbursement 90.0 85.0 Net cash flow -6.0 5.0 Cumulative net cash flow -15.0 ? Minimum cash balance 10.0 10.0 Cash surplus or deficit ? ?

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Finance Applications And Theory

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