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The following information was taken from Concord Corporation's cash budget for the month of July: Beginning cash balance Cash receipts 334000 Cash disbursements 554000 $520000

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The following information was taken from Concord Corporation's cash budget for the month of July: Beginning cash balance Cash receipts 334000 Cash disbursements 554000 $520000 If the company has a policy of maintaining a minimum end of the month cash balance of $440000, the amount the company would have to borrow is O $80000. O $300000. 0 $140000. 0 $106000

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