Question :- During the four busiest days in a month od March, the firm` cash outflows were Rs 20,000; Rs 30,000; Rs 40,000 and Rs 50,000. The Finance Manager desires sufficient cash to cover payments for 4 days during the peak periods. The safety levels is Rs: a) 1,10,000 b) 1,40,000 c) 1,20,000 d) 1,00,000
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Answer:
(b)-1,40,000
Explanation:
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