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Huron Manufacturingis preparing its cash budget for July. The budgeted beginning cash balance is $25,000. Budgeted cash receipts total $141,000 and budgeted cash disbursements total
Huron Manufacturingis preparing its cash budget for July. The budgeted beginning cash balance is $25,000. Budgeted cash receipts total $141,000 and budgeted cash disbursements total $139,000. The desired ending cash balance is $30,000. To attain its desired ending cash balance for July, the company should borrow:
Select one:
a. $30,000b. $0c. $3,000d. $57,000
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