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during se During September, the capital expenditure budget indicates a $140.000 purchase of equipment for cash. The ending September cash balance from operations is budgeted
during se
During September, the capital expenditure budget indicates a $140.000 purchase of equipment for cash. The ending September cash balance from operations is budgeted to be $20,000. The company wants to maintain a minimum cash balance of $10,000. What is the minimum cash loan that must be planned to be borrowed from the bank during September? $150,000 O $110,000 $130,000 O $120,000
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