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2) Brockman Company is preparing its cash budget for the upcoming month. The budgeted 2) beginning cash balance is expected to be $35,000. Budgeted cash
2) Brockman Company is preparing its cash budget for the upcoming month. The budgeted 2) beginning cash balance is expected to be $35,000. Budgeted cash disbursements are $130,000, while budgeted cash receipts are $126,000. Brockman Company wants to have an ending cash balance of $40,000. How much would Brockman Company need to borrow to achieve its desired ending cash balance? A) $9000 B) $36,000 C) S31,000 D) $71,000
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