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This Oule: 300 pla possible Yandel has 570.000 in cash on hand on January 1 and has collected the flowing budget det Click on the
This Oule: 300 pla possible Yandel has 570.000 in cash on hand on January 1 and has collected the flowing budget det Click on the con i the budget data) Assume director cand manufacturing overdosarepoin the month incurred to me and has cash payments and recentes no 0.000 eurot was of win the month of the company requires a rimum chance of 35.000. Prepare a ch bolgot worry and Futuary found to the redor Wired to borrowly and for tegin by preparing the hot fotonary, the prepare the cash abget for February. Conto vor any reres. Found untered but budget in the whole Yandel Company Cash Buy Twe Menthe Ended and by January Fanary Singing cash Cash Cah Chat Purchases of mala Director Manufacturing eing and administrative To cash paymer Ending chancelier non Mosh balance de Pnected cashem de con Enter any number in the edit field and then continue to the question Total effects of financing Ending cash balance Wil Yandell need to borrow cash by the end of February? Yandell need to borrow cash by the end of February because the ending cash balance before financing is Y than the minimum cash balance required Enter any number in the edit fields and then continue to the next question. Data Table Sales Cash receipts from customers Cash payments for direct materials purchases Direct labor costs Manufacturing overhead costs (includes depreciation of $1,300 per month) January February $ 535,000 $ 561,000 442,500 502,500 180,732 161,104 134,560 113,238 55,132 53,782
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