A minimum cash balance of $250,000 is required to be maintained. The company can borrow in increments of $10,000 as and when required. Assume the company can borrow the needed funds at the end of the period. Calculate the ending cash balance for the budget period.

Jaborosa, Inc., a merchandising company, has provided the following budgeted amounts for the next

budget period.



A) $713,400

B) $254,700

C) $204,700

D) $733,000


B) $254,700

Business

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