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Baseball Corporation is preparing its cash budget for January. The budgeted beginning cash balance is $19,500. Budgeted cash receipts total $190,500 and budgeted cash disbursements total $191,000. The desired ending cash balance is $31,500. To attain its desired ending cash balance for January, the company should borrow:
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Baseball Corporation is preparing its cash budget for January. The budgeted beginning cash balance i...
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