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On January 1, Coronado Industries has a beginning cash balance of $151000. During the year, the company expects cash disbursements of $1073000 and cash
On January 1, Coronado Industries has a beginning cash balance of $151000. During the year, the company expects cash disbursements of $1073000 and cash receipts of $870000. If Coronado requires an ending cash balance of $140000, Coronado Industries must borrow $88000. O $354000. $192000. $140000.
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