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Marked out of 1.00 p Flag question Muscat Inc. is working on its cash budget for December. The budgeted beginning cash balance is $14,000. Budgeted

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Marked out of 1.00 p Flag question Muscat Inc. is working on its cash budget for December. The budgeted beginning cash balance is $14,000. Budgeted cash receipts total $127,000 and budgeted cash disbursements total $126,000. The desired ending cash balance is $50,000. To attain its desired ending cash balance for December, the company needs to borrow: a. $35,000 b. $0 OC. $50,000 d. $70,000

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