Question: The following information was taken from Ayayai Corp. cash budget for the month of June Beginning cash balance $ 65000 Cash receipts 87000 Cash disbursements

The following information was taken from Ayayai Corp. cash budget for the month of June


Beginning cash balance
$65000
Cash receipts
87000
Cash disbursements
110000

If the company has a policy of maintaining an end of the month cash balance of $56000, the amount the company would have to borrow is


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