Deschambault inc is working on its cash budget for december

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Deschambault Inc. is working on its cash budget for December. The budgeted beginning cash balance is $21,000. Budgeted cash receipts total $163,000 and budgeted cash disbursements total $160,000. The desired ending cash balance is $40,000. To attain its desired ending cash balance for December, the company needs to borrow?

Reference no: EM13571517

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