The following information was taken from Molina Company's cash budget for the month of November: $\begin{array}{lr}
\text { Beginning cash balance } & \$ 144,000 \
\text { Cash receipts } & 174,000 \
\text { Cash disbursements } & 240,000
\end{array}$ If the company has a policy of maintaining an end-of-the-month cash balance of $120000 the amount the company would have to borrow is

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The Answer of The following information was taken from Molina Company's cash budget for the month of November: $\begin{array}{lr}
\text { Beginning cash balance } & \$ 144,000 \
\text { Cash receipts } & 174,000 \
\text { Cash disbursements } & 240,000
\end{array}$ If the company has a policy of maintaining an end-of-the-month cash balance of $120000 the amount the company would have to borrow is

The Following Information Was Taken from Molina Company's Cash Budget