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Business, 19.07.2019 01:00 kaiwen3228

Batista company management wants to maintain a minimum monthly cash balance of $20,800. at the beginning of april, the cash balance is $21,600, expected cash receipts for april are $246,000, and cash disbursements are expected to be $257,200. how much cash, if any, must be borrowed to maintain the desired minimum monthly balance? amount to be borrowed to maintain the desired minimum monthly balance

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