Determine how much cash the company had at the close
During October, Shandra Company had $99,250 of cash receipts and $96,273 of cash disbursements. The October 31 Cash balance was $16,174. Determine how much cash the company had at the close of business on September 30.
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During October, Shandra Company had $99,250 of cash receipts and $96,273 of cash disbursements. The October 31 Cash balance was $16,174.
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Using data from the two most recent annual reports of these two companies, compute the margin, turnover, and ROI for each company for the two most recent fiscal years.
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