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The following information was taken from Sheffield Corp.cash budget for the month of June Beginning cash balance Cash receipts Cash disbursements $190800 184440 216240 If

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The following information was taken from Sheffield Corp.cash budget for the month of June Beginning cash balance Cash receipts Cash disbursements $190800 184440 216240 If the company has a policy of maintaining an end-of-the-month cash balance of $159000, the amount the company would have to borrow is O $69960. $31800. $95400. $0

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