Business, 05.07.2019 22:30 batman48000

Lyon corp. has provided a part of its budget for the second quarter: apr may jun cash collections $ 42 comma 000 $ 43 comma 000 $ 40 comma 000 cash payments: purchases of direct materials 7 comma 200 7 comma 000 6 comma 000 operating expenses 6 comma 000 5 comma 600 7 comma 000 capital expenditures 4 comma 000 20 comma 000 5 comma 000 the cash balance on april 1 is $ 14 comma 000. assume that there will be no financing transactions or costs during the quarter. calculate the projected cash balance at the end of june.

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Lyon corp. has provided a part of its budget for the second quarter: apr may jun cash collections $...

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