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Ortez Corporation has a cash balance of $24,000 on April 1. The company's bank requires Ortez to maintain a minimum cash balance of $20,000. During

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Ortez Corporation has a cash balance of $24,000 on April 1. The company's bank requires Ortez to maintain a minimum cash balance of $20,000. During April, expected cash receipts are $98,000 and cash disbursements are $115,000. How much will Ortez need to borrow during April? a $27,000 b. $17,000 cs 0 d. $13,000

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