Chen Company is preparing its cosh budget for August. The budgeted being cash balance is $27.000 Budgeted cash collectio
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am
Chen Company is preparing its cosh budget for August. The budgeted being cash balance is $27.000 Budgeted cash collectio
Company is preparing its cosh budget for August. The budgeted being cash balance is $27.000 Budgeted cash collections receipts) total $181,000 and budgeted cash disbursements total $169.000. The required minimum cashbacted the months $50,000. How much will the company need to borrow to achieve its required ending cash balance for August Me Choice $89.000 $50,000 $0 $11,000
Chen