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On January 1, Bonita Industries has a beginning cash balance of $52000. During the year,...

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Accounting

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On January 1, Bonita Industries has a beginning cash balance of $52000. During the year, the company expects cash disbursements of $440000 and cash receipts of $390000. If Bonita requires an ending cash balance of $50000, the company must borrow $50000. $48000 $102000 $27000

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