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Question 7 The following information was taken from Bonita Industries's cash budget for the month of July: Beginning cash balance Cash receipts Cash disbursements $430000

Question 7 The following information was taken from Bonita Industries's cash budget for the month of July: Beginning cash balance Cash receipts Cash disbursements $430000 244000 464000 If the company has a policy of maintaining a minimum end of the month cash balance of $310000, the amount the company would have to borrow is o $100000. o $210000. O $66000. O $120000

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