Cedarwood Corporation provided the following information for the month of November: Beginning cash balance: $50,000 . Cash receipts: $520,000 Cash disbursements: $560,000 Cedarwood's policy is to maintain a minimum end- of-the-month cash balance of $40,000. How much will Cedarwood need to borrow during November?
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How much will Cedarwood need to borrow during November ?


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