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Over the course of the next two years, you expect the following to happen in your business: Build up your rainy day savings account by

Over the course of the next two years, you expect the following to happen in your business: Build up your "rainy day savings account" by $100,000 Extend another $50,000 in credit to good customers Reduce excess inventory by $50,000 Negotiate better credit terms with your suppliers and increase accounts payable to $50,000 Move your long-suffering employees from a once a month payroll schedule to a once a week payroll schedule (your total payroll cost is 300,000/year) As a result of the changes above, how much additional cash will you need to raise? $109,616 $159,616 $140,384 $40,384 $250,000 $59,616 $350,000 $90,384 None; you will have excess cash Please also provide explanation to answer

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