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19. On January 1st, ABC firm reported that it has the cash balance of Rs 44,800. Firm is expecting the cash receipts of Rs 221,000
19. On January 1st, ABC firm reported that it has the cash balance of Rs 44,800. Firm is expecting the cash receipts of Rs 221,000 and cash disbursement of Rs 390,000 during January. Firm is following the strategy for Rs 20,000 minimum cash balance at the start of month. How much company needs to borrow (1 Point) Rs 265,800 borrow Rs 245,800 borrow Rs 124,200 borrow Rs 144,200 borrow
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