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A) BUSN 6020 - Practice Mid-term with Answers - Word A Kaushik Chowdary KC X File Home Insert Design Layout References Mailings Review View Help

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A) BUSN 6020 - Practice Mid-term with Answers - Word A Kaushik Chowdary KC X File Home Insert Design Layout References Mailings Review View Help Grammarly Tell me what you want to do & Share do Cut Gisha - 12 - A A Aa- A Copy AaBbCcDd AaBbCcDd AaBbCc AaBbCct Aa B Find AaBbCCD AaBbCcDd AaBbCcDd G Gac Replace Paste Format Painter B I U - abe X2 x A - Z - A- 1 Normal 1 No Spac... Heading 1 Heading 2 Title Subtitle Subtle Em... Emphasis Open Select - Grammarly Clipboard Font Paragraph Styles Editing Grammarly Credit Limit on a Line of Credit Dempster's policy is to finance all seasonal increases in net working capital (NWC) with its line of credit. It is forecasting its requirements for 2017 and collected the following data: Current Current Assets (CAD) Liabilities (CAD) NWC (CAD) 2016 (Actual) Quarter 1 71,480 21,390 50,090 Quarter 2 1,890 27,780 64,110 Quarter 3 54,650 22,370 42,280 Quarter 4 53,500 15,140 38,360 2017 (Forecast) Quarter 1 79,540 25,100 54,440 Quarter 3,430 27,340 56,090 Quarter 3 6,350 20,165 46,185 Quarter 4 54,350 12,350 42,000 The most appropriate credit limit for Dempster's line of credit in 2017 is closest to: a) CAD 25,910. b) CAD 26,820. c) CAD 27,730. Page 2 of 12 1978 words " English (Canada) + 100% Type here to search lides W BU. W CH ... W Pro. W Ans. W BU. CH. 9 HO... ~ [ $ 4) ENG 7:05 AM 3/3/2021 E

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