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The owner of ABC Hotel has been requested by Pixel Bank to submit a cash budget for the next calendar year. With that in mind,

The owner of ABC Hotel has been requested by Pixel Bank to submit a cash budget for the next calendar year. With that in mind, please prepare the following:

Q1. a 12-month projected cash budget statement for 2012 (assume that your beginning cash (Jan 1) is $16,500).

After preparing the above schedule, can you provide the owner with some guidance as to whether:

Q2. to raise ABC Hotel

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