Answered>Order 12490
1.Zoo Inc. is preparing its cash budget for March. The budgeted beginning cash balance is $27,000. Budgeted cash receipts total $106,000 and budgeted cash disbursements total $93,000. The desired ending cash balance is $65,000. The company can borrow up to $70,000 at any time from a local bank, with interest not due until the following month. […]