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In July, if a firm had a net cash inflow of RM2,000, and a beginning cash balance of RM5,000, but need an ending cash balance
In July, if a firm had a net cash inflow of RM2,000, and a beginning cash balance of RM5,000, but need an ending cash balance of RM30,000, then how much must the firm borrow that month?
Select one:
a. RM23,000
b. RM11,000
c. RM12,000
d. RM27,000
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