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Business, 04.03.2020 17:10 exiZT7535

Brockman Company is preparing its cash budget for the upcoming month. The budgeted beginning cash balance is expected to be $ 35 comma 000. Budgeted cash disbursements are $ 120 comma 000, while budgeted cash receipts are $ 127 comma 000. Brockman Company wants to have an ending cash balance of $ 48 comma 000. How much would Brockman Company need to borrow to achieve its desired ending cash balance?

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