Question Help Roman Company is preparing its cash budget for the upcoming month. The budgeted...
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Accounting
Question Help Roman Company is preparing its cash budget for the upcoming month. The budgeted beginning cash balance is expected to be $37,000. Budgeted cash receipts are $93,000, while budgeted cash disbursements are $122,000. Roman Company wants to have an ending cash balance of $48,000. How much would Roman Company need to borrow to achieve its desired ending cash balance? O A. $19,000 OB. $40,000 O c. $56,000 OD. $8,000

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