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Finance/Accounting

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Prepare a cash budget. (SO 8), AP You are provided with the following information taken from Washburne Inc.’s March 31, 2012, balance…

Prepare a cash budget. (SO 8), AP You are provided with the following information taken from Washburne Inc.’s March 31, 2012, balance sheet. Cash $ 11,000 Accounts receivable 20,000 Inventory 36,000 Property, plant, and equipment, net of depreciation 120,000 Accounts payable 22,400 Common stock 150,000 Retained earnings 11,600 Additional information concerning Washburne Inc. is as follows. […]