Rogers Automotive will have cash receipt of $80,000 in December and cash disbursements in December ...

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Rogers Automotive will have cash receipt of $80,000 in December and cash disbursements in December ...

Rogers Automotive will have cash receipt of $80,000 in December and cash disbursements in December of $70,000. If its beginning cash is $4,000 and its reserves are $15,000, what will Rogers' cash situation be at the end of December?

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Financial Management: Core Concepts

Edition: 2^nd

Author: Brooks

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