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Josies craft shack has a beginning cash balance for the

Josie's Craft Shack has a beginning cash balance for the quarter of $1,057. The store has a policy of maintaining a minimum cash balance of $1,000 and is willing to borrow funds as needed to maintain that balance. Currently, the firm has a loan balance of $360. How much will the store borrow or repay if the net cash flow for the quarter is -$320?

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Financial Management: Josies craft shack has a beginning cash balance for the

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