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Cocoa and Cookies Corporation is preparing a cash budget for February. The company has $ 2 5 , 0 0 0 cash at the beginning
Cocoa and Cookies Corporation is preparing a cash budget for February.
The company has $ cash at the beginning of February and anticipates $ in cash receipts and $ in cash disbursements during February. Cocoa and Cookies Corporation has an agreement with its bank to maintain a cash balance of $ What amount, if any, must the company borrow during February to maintain a $ cash balance?
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