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MMF has $120,000 in operating cash and must pay $200,000 in rent, payroll, and u...
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MMF has $120,000 in operating cash and must pay $200,000 in rent, payroll, and utilities this week. It also holds $50,000 in US Treasury Bills that can be sold with proceeds available the next day, and has an unused $20,000 bank credit line. Which action below would provide cash toward this week’s obligations without creating a new liability?
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