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The monthly cash budgets for the second quarter of 2016 follow ($000 omitted) for Morrison Mfg. Co. A minimum cash balance of $20,000 is required
The monthly cash budgets for the second quarter of 2016 follow ($000 omitted) for Morrison Mfg. Co. A minimum cash balance of $20,000 is required to start each month, and a $50,000 line of credit has been arranged with a local at a 11% interest rate. Calculate the missing amounts
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