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On January 1, Vaughn Manufacturing has a beginning cash balance of $38000. During the year, the company expects cash disbursements of 5280000 and cash receipts

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On January 1, Vaughn Manufacturing has a beginning cash balance of $38000. During the year, the company expects cash disbursements of 5280000 and cash receipts of $220000, If Vaughn requires an ending cash balance of $34000, the company must borrow $34000 $98000 $47000 $56000

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