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On January 1, Concord Corporation has a beginning cash balance of $52000. During the year, the company expects cash disbursements of $410000 and cash receipts
On January 1, Concord Corporation has a beginning cash balance of $52000. During the year, the company expects cash disbursements of $410000 and cash receipts of $340000. If Concord requires an ending cash balance of $32000, the company must borrow
O $122000.
O $74000.
O $32000.
O $50000.
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