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What sunland company must borrow

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Problem 1: On January 1, Sunland Company has a beginning cash balance of $306000. During the year, the company expects cash disbursements of $1090000 and cash receipts of $920000. If Sunland requires an ending cash balance of $230000, Sunland Company must borrow

A. $366000.
B. $230000.
C. $94000.
D. $476000.

Reference no: EM132715803

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