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Fill in the missing cells in the following cash budget. Explain the implications of the calculated net cash flows. Assume that the firm does not

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Fill in the missing cells in the following cash budget. Explain the implications of the calculated net cash flows. Assume that the firm does not have a target cash balance. 1. Cash Budget JUNE $375 $295 JULY 345 425 AUGUST $450 $535 ITEM Cash receipts Cash disbursements Net cash flow + Beginning cash Ending cash .6 535

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