Question: Need help with this exercise Laurey Inc, is working on its cash budget for May. The budgeted beginning cash balance is $46,000. Budgeted cash receipts

Need help with this exercise Need help with this exercise Laurey Inc, is working on its cash

Laurey Inc, is working on its cash budget for May. The budgeted beginning cash balance is $46,000. Budgeted cash receipts total $ 130,000 and budgeted cash disbursements total $ 125,000. The desired ending cash balance is $ 62,000. to attain its desired ending cash balance for May, the company needs to borrow. $113,000 $ 0 $62,000 $11,000

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