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Compute the budgeted cash receipts for Iguana. Compute the budgeted cash payments for Iguana. Prepare the cash budget for Iguana. Assume the company can borrow
- Compute the budgeted cash receipts for Iguana.
- Compute the budgeted cash payments for Iguana.
- Prepare the cash budget for Iguana. Assume the company can borrow in increments of $1,000 to maintain a $11,000 minimum cash balance. No interest is charged if the loan is paid off by the end of the next quarter.
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