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Business, 13.11.2019 04:31 taytay2912

Sarasota corporation’s management wants to maintain a minimum monthly cash balance of $10,400. at the beginning of september, the cash balance is $15,951, expected cash receipts for september are $126,360, and cash disbursements are expected to be $149,500. how much cash, if any, must sarasota borrow to maintain the desired minimum monthly balance? determine your answer by using the basic form of the cash budg

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