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Question: Garden Depot is a retailer that is preparing its budget for the upcoming fiscal year. Management has prepared the following summary of its budgeted cash flows: Ist Quarter 2nd Quarter 3rd Quarter 4th Quarter Total cash receipts $ 180,000 $ 330,000 $ 210,000 $ 230,000 Total cash disbursements $ 260,000 $ 230,000 $ 220,000 $ 240,000 The company's beginning
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