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The following information was reported in a cash budget: Beginning cash balance Cash payments Cash receipts Minimum cash balance desired $280,000 494,000 370,000 200,000
The following information was reported in a cash budget: Beginning cash balance Cash payments Cash receipts Minimum cash balance desired $280,000 494,000 370,000 200,000 How much cash will the company have to borrow in order to meet its required needs? O a. $124,000 O b. $0 O c. $64,000 O d. $44,000
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