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Sparks Corporation has a cash balance of $17,100 on April 1. The company must maintain a minimum cash balance of $14,000. During April, expected cash

Sparks Corporation has a cash balance of $17,100 on April 1. The company must maintain a minimum cash balance of $14,000. During April, expected cash receipts are $64,000. Cash disbursements during the month are expected to total $76,000. Ignoring interest payments, during April the company will need to borrow

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