Marsha Inc. has the following budgeted data for the coming year: Operating expenses include $20,400...
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Marsha Inc. has the following budgeted data for the coming year: Operating expenses include $20,400 depreciation for buildings and equipment. All purchases of materials are paid for in the period of purchase. The company requires a minimum cash balance of $25,000. Compute the amount the company needs to finance or the excess cash available for Marsha to invest. (Cesh shortege should be Indlcated with a minus sign.)
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Marsha Inc. has the following budgeted data for the coming year: Operating expenses include $20,400 depreciation for buildings and equipment. All purchases of materials are paid for in the period of purchase. The company requires a minimum cash balance of $25,000. Compute the amount the company needs to finance or the excess cash available for Marsha to invest. (Cesh shortege should be Indlcated with a minus sign.) 