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On January 1, Vaughn Manufacturing has a beginning cash balance of $36000. During the year, the company expects cash disbursements of $440000 and cash receipts

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On January 1, Vaughn Manufacturing has a beginning cash balance of $36000. During the year, the company expects cash disbursements of $440000 and cash receipts of $320000. If Vaughn requires an ending cash balance of $48000, the company must borrow O $48000 O $84000. O $156000. O $132000

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