The following information was reported on Greece Company's cash budget for the month of May:...
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The following information was reported on Greece Company's cash budget for the month of May: Beginning cash balance $300,000 Cash receipts $190.000 Cash disbursements $340,000 Greece has a policy of maintaining a minimum end of the month cash balance of $250,000. What amount will the company have to borrow? o $100,000. O $50,000 O $150,000. O $60,000
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