Business, 18.12.2019 21:31 jaimes04

Lyon corp. has provided a part of its budget for the second quarter: apr may jun cash collections $40,000 $43,000 $50,000 cash payments: purchases of direct materials 7,200 7,200 6,000 operating expenses 7,000 9,000 7,000 capital expenditures 5,000 0 0 the cash balance on april 1 is $12,000. 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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