2. The budget indicates that the minimum cash balance (will/will not) be maintained in July. This situation can be corrected by (investing/borrowing) and/or by the (purchase/sale) of the marketable securities , if they are held for such purposes. At the end of May and June, the cash balance will (exceed/be short of) the minimum desired balance.

maintain a mikimym cash balance of 525,000 . Pequired: Sonoma Housewares the. Cash Budget For the Three Months Ending July 31 For the Three Months Ending July 31 May June July