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Cash Budget manufacturing costs, 85% are expected to be paid in the month in which they are incurred and the balance in the following month.

image text in transcribedimage text in transcribed Cash Budget manufacturing costs, 85% are expected to be paid in the month in which they are incurred and the balance in the following month. Required: 2. The budget indicates that the minimum cash balance such purposes. At the end of May and June, the cash balance will be maintained in July. This situation can be corrected by the minimum desired balance. and/or by the of the marketable securities, if they are held for the minimum desired balance

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