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  3. ess during september, the capital expenditure budg

ess During September, the capital expenditure budget indicates a $420000 purchase of equipment. The ending...

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Accounting

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ess During September, the capital expenditure budget indicates a $420000 purchase of equipment. The ending September cash balance from operations is budgeted to be $60000. The company wants to maintain a minimum cash balance of $30000. What is the minimum cash loan that must be planned to be borrowed from the bank during September? O $360000 O $390000 O $450000 O $330000

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