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UH DI UESTION 12 e following information was taken from Mitchell Company cash budget for the month of July: Beginning cash balance $125,000 Cash receipts

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UH DI UESTION 12 e following information was taken from Mitchell Company cash budget for the month of July: Beginning cash balance $125,000 Cash receipts 120,000 Cash disbursements 170,000 he company has a policy of maintaining an end of the month cash balance of 25,000, the amount the company would have to borrow is: A. $36,000. B. $75,000. C. $50,000. D. $25,000

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