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please help6 Webster Corporation is preparing its cash budget for April. The March 31 cash balance is $40,000 Cash receipts are expected to be $659,000
please help6
Webster Corporation is preparing its cash budget for April. The March 31 cash balance is $40,000 Cash receipts are expected to be $659,000 and cash payments for purchases are expected to be $617,500 Other cash expenses expected are $28,800 selling and $35,300 general and administrative. The company desires a minimum cash balance at the end of each month of $32,000, necessary, the company borrows enough cash to meet the minimum using a shon-term note. The amount Webster must borrow during Artis Multiple Choice oso $14,600 517,400 Step by Step Solution
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