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Southland Company is preparing a cash budget for August. The company has $18,600 cash at...

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Accounting

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Southland Company is preparing a cash budget for August. The company has $18,600 cash at the beginning of August and anticipates $124.000 in cash receipts and $137,700 in cash disbursements during August Southland Company wants to maintain a minimum cash balance of $10,000. To maintain the minimum cash balance of $10,000, the company must borrow. Multiple Choice o $0. o $10,000. o 55100 $5,100. o $8.600. o S28 600

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