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  3. baker company has a cash balance of $6,000 and an

Baker Company has a cash balance of $6,000 and an existing bank loan of $2.000...

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Accounting

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Baker Company has a cash balance of $6,000 and an existing bank loan of $2.000 on April 1. The company must maintain a minimum cash balance of $6.C April expected cash receipts are $55.000. Expected cash disbursements during the month total $52.000. During April the company wit can tepay Multiple Choice $2.000 $4000 O O $3.000 O $6.000

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