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| Topic: |
Business
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| Number of pages / Number of words: |
2 / 343 |
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1. If we look at the Balance Sheet for April, we see that Medieval Adventures Company goes into negative cash on this month. July is the last month of negative cash flow. Cash bottoms out at $(40,000), so this is the amount of funds they will need to raise. If they decide to get a short-term loan for the $40,000, they will be able to repay it in October...
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1. If we look at the Balance Sheet for April, we see that Medieval Adventures Company goes into negative cash on this month. July is the last month of negative cash flow. Cash bottoms out at $(40,000), so this is the amount of funds they will need to raise. If they decide to get a short-term loan for the $40,000, they will be able to repay it in October...
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