The Crescent Company, a merchandising company, maintains a minimum cash balance of $25,000. Budgeted items for the 1^st quarter of 2009 includes the following: In order to maintain the minimum cash balance, the company will need to borrow: A) $25,000 B) $28,000 C) $85,000 D) $53,000

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The Answer of The Crescent Company, a merchandising company, maintains a minimum cash balance of $25,000. Budgeted items for the 1^st quarter of 2009 includes the following: In order to maintain the minimum cash balance, the company will need to borrow: A) $25,000 B) $28,000 C) $85,000 D) $53,000

The Crescent Company, a Merchandising Company, Maintains a Minimum Cash