Alpine Village Clinic Case 8 - MS word file - Graded A+ (use as a guide only)

Feb 3rd, 2012
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Alpine Village Clinic Case 8 - MS word file - Graded A+ (use as a guide only) Alpine Village Clinic Case 8 - MS word file - Graded A+ (use as a guide only)

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1. Yes the clinic needs a line of credit. The monthly cash budget shows that the clinic will have shortage of cash in the months of January, February and March. Also, the highest shortage occurs in the month of February where clinic will be in deficit of $99,000. So keeping in view this deficit the clinic should obtain a line of credit of $100,000 from First Bank.2. Please refer to Daily Cash Budget3. Please refer to Monthly Cash Budget. This item has been colored red under caption of Interest expense / (income).4. The target balance is required to meet day to day transactions, in pursu

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