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Niko Tech is working on its cash budget for March. The budgeted beginning cash balance is $39,000. Budgeted cash receipts total $142,000 and budgeted cash
Niko Tech is working on its cash budget for March. The budgeted beginning cash balance is $39,000. Budgeted cash receipts total $142,000 and budgeted cash disbursements total $181,000. The desired ending cash balance is $30,000. To attain its desired ending cash balance for March, the company needs to borrow: Multiple Choice $30,000 $8,000 O O $0 $4,000 O
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