Business, 04.07.2019 23:20 webbhlharryteach

Zoo inc. is preparing its cash budget for march. the budgeted beginning cash balance is $15,000. budgeted cash receipts total $106,000 and budgeted cash disbursements total $97,000. the desired ending cash balance is $40,000. the company can borrow up to $80,000 at any time from a local bank, with interest not due until the following month. required: prepare the company's cash budget for march in good form. make sure to indicate what borrowing, if any, would be needed to attain the desired ending cash balance.

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Zoo inc. is preparing its cash budget for march. the budgeted beginning cash balance is $15,000. bud...

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