G3 Companys cash budget for March shows cash available of $60,000 and cash payments of...
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Accounting
G3 Companys cash budget for March shows cash available of $60,000 and cash payments of $83,200. The firm can only borrow in $1,000 increments and must maintain a minimum cash balance of $10,000. Budgeted borrowing for March will be:
A) 10,000
B) 94,000
C) 34,000
D) 24,000
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