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A firm is analysing its cash budget for June. Assuming its total cash receipts is $1230 and cash expenses is $745. If the company has

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A firm is analysing its cash budget for June. Assuming its total cash receipts is $1230 and cash expenses is $745. If the company has a minimum desired cash balance of $1000 and ended the month of May with $300, how much loans must the firm take to meet its requirements for june, O $1000 O $215 O $515 No loans are needed

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