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Edmond Medical Center Has Provided You with the Following Budget

Question 119

Multiple Choice

Edmond Medical Center has provided you with the following budget information for April: Edmond Medical Center has provided you with the following budget information for April:   Edmond has a policy of maintaining a minimum cash balance of $20,000 and borrows only in $1,000 increments. How much will Edmond borrow in April? A)  $80,000 B)  $79,600 C)  $99,000 D)  $100,000 Edmond has a policy of maintaining a minimum cash balance of $20,000 and borrows only in $1,000 increments. How much will Edmond borrow in April?


A) $80,000
B) $79,600
C) $99,000
D) $100,000

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