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What is the cash budget

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Question - Wish Corporation managers require a minimum monthly cash balance of $25,000. At the beginning of the second quarter of the upcoming year, the cash balance is $27,000. Half of the $490,000 in sales from last quarter will be collected during Q2. Expected disbursements are budgeted at $220,000. What is the cash budget for Q2?

Reference no: EM133032267

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