The following information was taken from Southgate Industry's cash budget for the month of July: If the company has a policy of maintaining a minimum end of the month cash balance of $400,000, the amount the company would have to borrow is

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The following information was taken from Southgate Industry's cash budget for the month of July:  If the company has a policy of maintaining a minimum end of the month cash balance of $400,000, the amount the company would have to borrow is

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The Answer of The following information was taken from Southgate Industry's cash budget for the month of July:  If the company has a policy of maintaining a minimum end of the month cash balance of $400,000, the amount the company would have to borrow is

The Following Information Was Taken from Southgate Industry's Cash Budget