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April. Taxes of $ 7 9 , 0 0 0 are due in April. The firm also intends to make a $ 2 3 ,

April. Taxes of $79,000 are due in April. The firm also intends to make a $23,000 cash purchase of fixed assets in December.
a. Assuming that the firm has a cash balance of $22,000 at the beginning of November, determine the end-of-month cash balances for
b. Assuming that the firm wishes to maintain a $17,000 minimum cash balance, determine the required total financing or excess cash balance for each month, November through April.
c. If the firm were requesting a line of credit to cover needed financing for the period November to April, how large would this line have to be? Explain your answer.
a. Assuming that the firm has a cash balance of $22,000 at the beginning of November, determine the end-of-month cash balances for each month, November through April.
Complete the November cash budget for Xenocore, Inc. below: (Round to the nearest dollar.)
Xenocore, Inc.
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