M3imimaVdgoobossylv M3imimaVdgoobossylv
  • 12-04-2017
  • Business
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During september, the capital expenditure budget indicates a $420,000 purchase of equipment. the ending september cash balance from operations is budgeted to be $60,000. the company wants to maintain a minimum cash balance of $30,000. what is the minimum cash loan that must be planned to be borrowed from the bank during september?

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sk8terguh
sk8terguh sk8terguh
  • 12-04-2017
The answer is 390000
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