Business, 25.11.2019 21:31 denvontgekingice
Deshaies corporation is preparing its cash budget for november. the budgeted beginning cash balance is $10,000. budgeted cash receipts total $100,000 and budgeted cash disbursements total $104,000. the desired ending cash balance is $30,000.
4. the excess (deficiency) of cash available over disbursements for november is:
a. $110,000
b. $6,000
c. ($4,000)
d. $14,000
5. to attain its desired ending cash balance for november, the company should borrow:
a. $36,000
b. $30,000
c. $24,000
d. $0
Answers: 1
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Deshaies corporation is preparing its cash budget for november. the budgeted beginning cash balance...
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