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21 Southland Company is preparing a cash budget for August. The company has $18,000 cash at the beginning of August and anticipates $122,800 in cash
21 Southland Company is preparing a cash budget for August. The company has $18,000 cash at the beginning of August and anticipates $122,800 in cash receipts and $135,500 in cash payments during August. Southland Company wants to maintain a minimum cash balance of $10,000. The preliminary cash balance at the end of August before any loan activity is: 00:56:02 Ask Multiple Choice O O O O $15,300. $140,800. ($12,700). $5,300. $28,000
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