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Business, 12.07.2019 23:10 miajustina123

Striker company determines its expected receipts for the period to be $80,000 and expected disbursements to be $70,000. the beginning cash balance for the period was $5,000. the management wants to maintain a minimum balance of $40,000. what is the required borrowing assuming that the bank lends only in multiples of $10,000? $30,000 $25,000 $40,000 $15,000

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