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Webster Corporation is preparing its cash budget for April. The March 3 1 cash balance is $ 3 6 , 8 0 0 . Cash
Webster Corporation is preparing its cash budget for April. The March cash balance is $ Cash receipts are expected to be $ and cash payments for purchases are expected to be $ Other cash expenses expected are $ selling and $ general and administrative. The company desires a minimum cash balance at the end of each month of $ If necessary, the company borrows enough cash to meet the minimum using a shortterm note. Webster's preliminary cash balance before loan activity for April is expected to be:
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