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Southland Company is preparing a cash budget for August. The compary has $7,800 cash at the begirning of August und anticipates $122.400 in cash receipts
Southland Company is preparing a cash budget for August. The compary has $7,800 cash at the begirning of August und anticipates $122.400 in cash receipts and $135,300 in cash payments during August. Southland Company wants to maintain a minimumi cash balance of \$10,000. The preliminary cash balance at the end of August before any loan activity is Multiple Choice $14,900 $140.200 527,800 $14900 $140,200 $27800 (512.900) $4900
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