FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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13
On January 1, Coronado Industries has a beginning cash balance of $166000. During the year, the company expects cash
disbursements of $1058000 and cash receipts of $880000. If Coronado requires an ending cash balance of $140000, Coronado
Industries must borrow
O $128000.
O $152000.
O $140000.
O $344000.
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Transcribed Image Text:13 On January 1, Coronado Industries has a beginning cash balance of $166000. During the year, the company expects cash disbursements of $1058000 and cash receipts of $880000. If Coronado requires an ending cash balance of $140000, Coronado Industries must borrow O $128000. O $152000. O $140000. O $344000.
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