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7.4 Reporting Cash and Cash Management At the beginning of November, Watson Industries has a cash balance of $3,461,000. They have expected cash receipts
7.4 Reporting Cash and Cash Management At the beginning of November, Watson Industries has a cash balance of $3,461,000. They have expected cash receipts of $712,000 and expected cash disbursements of $1,397,000 for the month of November. If Watson Industries wants to maintain a minimum monthly balance of $3,000,000, how much cash should they borrow in November? $685,000.00 O $224,000.00 $0.00 O $461,000.00 Save for Later Submit Answer
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