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Southland Company is preparing a cash budget for August. The company has $17.000 cash at the beginning of August and anticipates $120,800 in cash receipts

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Southland Company is preparing a cash budget for August. The company has $17.000 cash at the beginning of August and anticipates $120,800 in cash receipts and $144.500 in cash payments during August Southland Company wants to maintain a mi cash balance of $10,000. To maintain the minimum cash balance of $10,000, the company must borrow Multiple Choice o o o o o

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