Homework Answers
Answer : $10,500
Cash Budget for April
| April | |
| Beginning Cash Balance | $19,500 |
| ADD; Cash receipts | 68,000 |
| Total Cash Available | 87,500 |
| Less : Cash Disbursements | 82,000 |
| Primary Balance of the Cash | 5,500 |
| Minimum Cash balance Required | 16,000 |
| amount Need To Borrow ( 16,000-5,500) | 10,500 |
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#17
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