Surplus amount for the mpq corporation

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Reference no: EM132752267

A partial cash budget for the MPQ Corporation is shown below in $ 1 -Million(M) - Cash Receipts =$2 Million

Cash Disbursement = $ 1 Million

Beginning cash balance=$ 0.5 million

Minimum cash balance required = $ 1.75 Million

What is the cash shortage or surplus amount for the MPQ Corporation.

Reference no: EM132752267

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