Business, 15.07.2019 00:00 bbbbriasutton

Webster corporation is preparing its cash budget for april. the march 31 cash balance is $36,700. cash receipts are expected to be $644,000 and cash payments for purchases are expected to be $611,500. other cash expenses expected are $27,300 selling and $33,800 general and administrative. the company desires a minimum cash balance at the end of each month of $33,000. if necessary, the company borrows enough cash to meet the minimum cash balance using a short-term note. webster's preliminary cash balance before loan activity for april is expected to be:

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Webster corporation is preparing its cash budget for april. the march 31 cash balance is $36,700. ca...

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