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What the warsaw company will need to borrow

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Question 1: The Warsaw Company must maintain a minimum cash balance of $15,000. At the beginning of June the company's cash balance was $17,000. Budgeted cash receipts for June are $160,000 and budgeted cash disbursements are $171,000. In July The Warsaw Company will need to borrow

Option A $6,000

Option B $2,000

Option C $13,000

Option D $9,000

Reference no: EM132528713

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