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Smith Company has a cast balance of 56,000 on April 1. The company must cash dis buminimum cash balance of $6,000. During April expected cash

Smith Company has a cast balance of 56,000 on April 1. The company must cash dis buminimum cash balance of $6,000. During April expected cash receipts are $45,000. Expected cash disbursements during the month total $52,000. During April the company will need to borrow: A) $2,000. 8) $4,000. c) $6,000. D) $7,000

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