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Novak Corporation's management wants to maintain a minimum monthly cash balance of $9,760. At the beginning of September, the cash balance is $14,969, expected cash

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Novak Corporation's management wants to maintain a minimum monthly cash balance of $9,760. At the beginning of September, the cash balance is $14,969, expected cash receipts for September are $118,584, and cash disbursements are expected to be $140,300. How much cash, if any, must Novak borrow to maintain the desired minimum monthly balance? Determine your answer by using the basic form of the cash budget. (Enter negotive amounts using either a negative sign preceding the number e.g. - 45 or parentheses e.g. (45).) Hence, Novak must borrow $ of cash. eTextbook and Media Savefor Later Attempts: 0 of 3 used Submit

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