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Smith Company has a budgeted beginning cash balance of $11,000, and a required minimum cash of $5,000. Their budgeted cash flows are below. How much

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Smith Company has a budgeted beginning cash balance of $11,000, and a required minimum cash of $5,000. Their budgeted cash flows are below. How much do they need to borrow to maintain their minimum cash balance? A. $4,000 B. $9,000 C. $14,000 D. $20,000 Payments to suppliers Cash dividends paid Collections from customers Lease payments Depreciation expense $25,000 5,000 45,000 10,000 5,000

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