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Business, 28.08.2019 05:30 reginaldboyd28

Zhang industries is preparing a cash budget for june. the company has $25,000 cash at the beginning of june and anticipates $95,000 in cash receipts and $111,290 in cash disbursements during june. the company has no loans outstanding on june 1. compute the amount the company must borrow, if any, to maintain a $20,000 cash balance.

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