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Your firm has a net cash inflow for the quarter of $ 4 0 . The beginning cash balance is $ 1 2 0 .
Your firm has a net cash inflow for the quarter of $ The beginning cash balance is $ Company policy is to maintain a minimum cash balance of $ The firm borrows only the amount that is necessary to maintain that balance. If it has any surplus funds, it invests in money market instruments. The firm to have a zero cumulative surplus.
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