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TB MC Qu . 0 7 - 1 6 2 ( Static ) Webster Corporation is preparing its cash...Webster Corporation is preparing its cash budget
TB MC QuStatic Webster Corporation is preparing its cash...Webster Corporation is preparing its cash budget for April. The March cash balance is $ Cash receipts are expected to be $ and cash payments for purchases are expected to be $ Other cash expenses expected are $ selling and $ general and administrative. Thecompany desires a minimum cash balance at the end of each month of $ If necessary, the company borrows enough casn to meet the minimum using a shortterm note. The amount Webster must borrow during April IS:
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