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Question 3 The following information was taken from Tamarisk, Inc. cash budget for the month of June Beginning cash balance Cash receipts Cash disbursements $187200

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Question 3 The following information was taken from Tamarisk, Inc. cash budget for the month of June Beginning cash balance Cash receipts Cash disbursements $187200 180960 212160 If the company has a policy of maintaining an end-of-the-month cash balance of $156000, the amount the company would have to borrow is $0. O $68640 $31200. $93600

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