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Cash Budget in the following month. expected to be declared in June and paid in July. Management wants to maintain a minimum cash balance of

Cash Budget

image text in transcribedimage text in transcribed in the following month. expected to be declared in June and paid in July. Management wants to maintain a minimum cash balance of $36,000. Required: with a minus sign. 2. The budget indicates that the minimum cash balance of the marketable securities, if they are held for such purposes. At the end of May and June, the cash balance will and/or by the the minimum desired balance

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