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XYZ Ltd begins with a cash balance of $600 000 and its cash outflows exceed its inflows by $100 000 each week. Calculate how long
XYZ Ltd begins with a cash balance of $600 000 and its cash outflows exceed its inflows by $100 000 each week. Calculate how long the supply of cash would last.
a.
6 weeks
b.
3 weeks
c.
2 weeks
d.
4 weeks
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