Company ending cash balance after financing

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Reference no: EM131825316

Sophie expects to have $100 in cash on hand at the beginning of June, and the company's target cash balance is $100. Net cash flow for June is minus $300. Assuming that Sophie borrows to meet short term cash needs and pays back as soon as surplus cash is available, what will be the company's ending cash balance after financing at the end of June?

Reference no: EM131825316

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