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The following information was reported in a cash budget: Beginning cash balance $280,000 Cash payments 526,000 Cash receipts 370,000 Minimum cash desired 200,000 How much

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The following information was reported in a cash budget: Beginning cash balance $280,000 Cash payments 526,000 Cash receipts 370,000 Minimum cash desired 200,000 How much cash will the company have to borrow in order to meet its required needs? $96.000 $0 $156,000 $76,000

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