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Question 14 16 points Current Corporation has a cash balance of $24,000 on May 1. The company must maintain a minimum cash balance of $14,000.

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Question 14 16 points Current Corporation has a cash balance of $24,000 on May 1. The company must maintain a minimum cash balance of $14,000. During May, expected cash receipts are $102,000. Cash disbursements during the month are expected to total $120,000. Ignoring Interest payments, during May the company will need to borrow A $10,000 OR $18,000 c. $8,000 56

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