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Business, 28.04.2021 15:50 maddie7155

The Company is preparing its cash budget for the upcoming month. The budgeted beginning cash balance is expected to be $37,000. Budgeted cash receipts are $101,000, while budgeted cash disbursements are $129,000. The Company wants to have an ending cash balance of $40,000. How much would the Company need to borrow to achieve its desired ending cash balance

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