Question: Current Attempt in Progress The following information was taken from Waterway Industries's cash budget for the month of July: $450000 Beginning cash balance Cash receipts

Current Attempt in Progress The following information was taken from Waterway Industries's cash budget for the month of July: $450000 Beginning cash balance Cash receipts Cash disbursements 364000 494000 If the company has a policy of maintaining a minimum end of the month cash balance of $390000, the amount the company would have to borrow is O $70000 O $60000 O $26000 O $320000

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