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1 . calculate the expected cash collections for April, May, June and for the threee months in total 2 . prepare a cash budget by

1. calculate the expected cash collections for April, May, June and for the threee months in total
2. prepare a cash budget by month and in total for the three month period . Assume the $30,000 loan is made on April and repaid with interest on June 30
3. If the company needs a minimum cash balance of $20,000 start each month can the loan be repaid as planned? explain
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