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Wilson Company is preparing its cash budget for the upcoming month. The budgeted beginning cash balance is expected to be $39,000. Budgeted cash receipts are
Wilson Company is preparing its cash budget for the upcoming month. The budgeted beginning cash balance is expected to be $39,000. Budgeted cash receipts are $99,000, while budgeted cash disbursements are $123,000. Wilson Company wants to have an ending cash balance of $42,000. How much would Wilson Company need to borrow to achieve its desired ending cash balance? O A. $27,000 0 B. $57,000 0 C. $18,000 0 D. $15,000
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