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The following information was taken from Coronado Industries's cash budget for the month of July: Beginning cash balance $440000 Cash receipts 254000 Cash disbursements 474000

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The following information was taken from Coronado Industries's cash budget for the month of July: Beginning cash balance $440000 Cash receipts 254000 Cash disbursements 474000 If the company has a policy of maintaining a minimum end of the month cash balance of $340000, the amount the company would have to borrow is O $100000. O $220000. O $120000. O $86000

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