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of robbery.) The estimated sales and purchases for December, January, and February are shown below. Purchases during November amounted to $100,000. indicated by a minus
of robbery.) The estimated sales and purchases for December, January, and February are shown below. Purchases during November amounted to $100,000. indicated by a minus sign. Suppose that Koehl starts selling on a credit basis on December 1 , giving customers 30 days to pay. All customers accept these terms, and all other facts in the problem are unchanged. What would the company's loan requirements be at the end of December in this case? (Hint: The calculations required to answer this part are minimal.) Do not round intermediate calculations. Round your answer to the nearest dollar
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