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A cash budget, by quarters, is given below ( 000 omitted). The company requires a minimum cash balance of at least $5,000 to start each
A cash budget, by quarters, is given below ( 000 omitted). The company requires a minimum cash balance of at least $5,000 to start each quarter. Interest paid will total $1,000 for the year. Assume that if the company has a loan and cash above the minimum cash balance it will repay the maximum amount without going below the minimum cash balance
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Data Analytics For Auditing Using ACL
Authors: Alvin A. Arens
4th Edition
0912503629, 978-0912503622
