Roman company is preparing its cash budget for the upcoming month. the budgeted beginning cash balance is expected to be $43,000. budgeted cash receipts are $97,000, while budgeted cash disbursements are $126,000. roman company wants to have an ending cash balance of $45,000. how much would roman company need to borrow to achieve its desired ending cash balance?

$31,000

Explanation:

The computation of the borrowed amount is shown below:

= Beginning cash balance + expected cash receipts - expected cash disbursements - minimum monthly cash balance

= $43,000 + $97,000 - $126,000 - $45,000

= $31,000

Simply we add the expected cash receipts and less the expected cash disbursements and minimum monthly cash balance to the beginning cash balance so that accurate value can come.

answer; standing committee;

correct, but each time you dont pay the price of the penalty can increase.