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Dixie's Has a Net Cash Inflow for the Quarter of -$108.The

Question 70

Multiple Choice

Dixie's has a net cash inflow for the quarter of -$108.The beginning cash balance is $212.Company policy is to maintain a minimum cash balance of $75 and borrow only the amount that is necessary to maintain that balance.How much does the firm need to borrow to have a zero cumulative surplus?


A) $0
B) $104
C) $179
D) $132
E) $29

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