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The Calendar Company expects to have $4,000 in cash on hand at the beginning of January, and the company's target cash balance is $2,000. Net
The Calendar Company expects to have $4,000 in cash on hand at the beginning of January, and the company's target cash balance is $2,000. Net cash flow for January is minus $10,000. The company borrows to meet short term cash needs.
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Survey of Accounting
Authors: Paul D. Kimmel, Jerry J. Weygandt
1st edition
1119330025, 978-1119444244, 1119444241, 978-1119306474, 1119306477, 978-1119330028
