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Below is the bottom portion of Fords cash budget for February. Assuming Ford must have a minimum cash balance of $100,000 at the end of

Below is the bottom portion of Fords cash budget for February. Assuming Ford must have a minimum cash balance of $100,000 at the end of each month, its credit line borrowings (repayments) for March would be _____ and its cash balance on March 31 would be ____.

February

March

Cash Surplus (Deficit)

$200,000

Beginning Cash Balance

Borrowings (Repayments)

Ending Cash Balance

$100,000

Cumulative Borrowings

$150,000

a. $0; $300,000
b. ($150,000); $150,000
c. 150,000; $450,000
d. ($200,000); $100,000

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