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The following information was taken from Windsor, Inc cash budget for the month of April Beginning cash balance Cash receipts Cash disbursements Depreciation $103000 93000

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The following information was taken from Windsor, Inc cash budget for the month of April Beginning cash balance Cash receipts Cash disbursements Depreciation $103000 93000 117000 23500 If the company has a policy of maintaining an end of the month cash balance of $86000, the amount the company would have to borrow is $7000. $24000 $100000 O $0

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