Prepare cash budget

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Reference no: EM131027161

Prepare cash budget for the months of January, February and March.

· The difference between receipts and payments, net cash flow, for each month is: 5,000; (2,900); 7,200.

· Beginning and desired cash balance is $2,000.

· The company invests excess cash in marketable securities which are sold before borrowing money. The balance as of end of December is zero.

· Outstanding loans at the end of month of December $3,000.

Reference no: EM131027161

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