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For September, the capital expenditure budget indicates a $400000 purchase of equipment. The ending September cash balance from operations is budgeted to be $50000. The
For September, the capital expenditure budget indicates a $400000 purchase of equipment. The ending September cash balance from operations is budgeted to be $50000. The company wants to maintain a minimum cash balance of $38000. What is the minimum amount of cash that the company should plan to borrow in September? $388000 O $350000 O $312000 O $438000
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