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ABC Company has a cash balance of ( $ 42,000 ) on August 1 and requires a minimum ending cash balance of ( $ 27,544
ABC Company has a cash balance of \\( \\$ 42,000 \\) on August 1 and requires a minimum ending cash balance of \\( \\$ 27,544 \\). Cash receipts from sales budgeted for August are \\( \\$ 284,544 \\). Cash disbursements budgeted for August include inventory purchases, \\( \\$ 34,000 \\); other manufacturing expenses, \\( \\$ 121,000 \\); operating expenses, \\( \\$ 45,000 \\); bond retirements, \\( \\$ 67,000 \\); and dividend payments, \\( \\$ 32,000 \\). Required: Prepare a cash budget for ABC Company for August
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