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The Following Information Was Taken from Molina Company Cash Budget

Question 17

Multiple Choice

The following information was taken from Molina Company cash budget for the month of November: The following information was taken from Molina Company cash budget for the month of November: If the company has a policy of maintaining an end-of-the-month cash balance of $80,000, the amount the company would have to borrow is A) $44,000. B) $0. C) $28,000. D) $80,000. If the company has a policy of maintaining an end-of-the-month cash balance of $80,000, the amount the company would have to borrow is


A) $44,000.
B) $0.
C) $28,000.
D) $80,000.

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