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Use the provided sets of financial data to complete Exercise and answer this questions. You are the manager of El Yunque Inn. You would tike

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Use the provided sets of financial data to complete Exercise and answer this questions. You are the manager of El Yunque Inn. You would tike to pay all your employoes a Christmas bonus totaling $12,000, Your owner, Don Papo, agrees with your incentive rewards but wants to make sure the Inn will generate enough cash flow in December to pay the $12,000 and still maintain a minimum $4,000 cash balance. Based on the following information, prepare a cash budget to dotermine whether or not you can afford to pay your employees their Christmas bonus, which will be $12,000 in total: To be successful with the weekly assignment, it's important to thoroughly read the learning unit and the chapter in the textbook. It will also be extremely useful to study the "Finance in Action" at the end of the chapter. Keep the following in mind: - Multiple Attempts - You will have two (2) attempts before due date for this assignment with your highest score being recorded in the grade book. - Answers - The Professor may review your answers and advice changes for you to correct answers before your final attempt To start, click the "Begin" button. When finished, click the "Submit" button

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