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Maxwell Companys payroll is due to be paid this afternoon. The payroll amounts to $22, 565, but Maxwell Company has only $14, 275 in its

Maxwell Companys payroll is due to be paid this afternoon. The payroll amounts to $22, 565, but Maxwell Company has only $14, 275 in its general bank account. Should Maxwell Company be concerned about this and if so, to what degree?

Explain. What steps should Maxwell Company be taking in regard to this situation?

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