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Bustillo Incorporated Is Working on Its Cash Budget for March

Question 232

Multiple Choice

Bustillo Incorporated is working on its cash budget for March. The budgeted beginning cash balance is $35,000. Budgeted cash receipts total $142,000 and budgeted cash disbursements total $151,000. The desired ending cash balance is $30,000. To attain its desired ending cash balance for March, the company needs to borrow:


A) $0
B) $4,000
C) $56,000
D) $30,000

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