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Ayayai corp. is preparing a cash budget for september

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Ayayai Corp. is preparing a cash budget for September. The company's cash balance on September 1 is $21810. The company anticipates cash receipts of $105090 and cash disbursements of $110280. If Ayayai Corp. desires a cash balance of $22560, it must

acquire financing of $750.
acquire financing of $5940.
acquire financing of $17370.
acquire financing of $4440.

Reference no: EM131747196

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