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Business, 18.11.2019 18:31 pennygillbert

Brockman company is preparing its cash budget for the upcoming month. the budgeted beginning cash balance is expected to be $35,000. budgeted cash disbursements are $127,000, while budgeted cash receipts are $126,000. brockman company wants to have an ending cash balance of $50,000. how much would brockman company need to borrow to achieve its desired ending cash balance?

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