the following information was taken from mitchell company cash budget for the month of july: beginning cash balance $125,000 cash receipts 120,000 cash disbursements 170,000 if the company has a policy of maintaining an end of the month cash balance of $125,000, the amount the company would have to borrow is a. $50,000. b. $25,000. c. $75,000. d. $36,000.
