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QUESTION 5 A firm is analysing its cash budget for June. Assuming its total cash receipts is $1170 and cash expenses is $805. If the

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QUESTION 5 A firm is analysing its cash budget for June. Assuming its total cash receipts is $1170 and cash expenses is $805. If the company has a min desired cash balance of $600 and ended the month of May with $350, how much loans must the firm take to meet its requirements for ju $1000 $215 $515 No loans are needed

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