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31 Lisa Botelho Corporation has a cash balance of $12,300 on April 1. The company must maintain a minimum cash balance of $10,000. During April,
31 Lisa Botelho Corporation has a cash balance of $12,300 on April 1. The company must maintain a minimum cash balance of $10,000. During April, expected cash receipts are $56,000. Cash disbursements during the month are expected to total $64,000. Ignoring interest payments, du April the company will need to borrow: O $5700 $8000 o $4300 4.4 $10,000
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