MC Qu. 108 Western Company is preparing Western Company is preparing a cash budget for June. The company has $11,300 cash at the beginning of June and anticipates $30,700 in cash receipts and $35,900 in cash disbursements during June. Western Company has an agreement with its bank to maintain a minimum cash balance of $10,000. As of May 31, the company owes $15,000 to the bank. To maintain the $10,000 required balance, during June the company must:

Borrow $3,900

Explanation:

The amount of cash that the company will have in June would be:

= Beginning cash + Cash receipts - Cash disbursements

= 11,300 + 30,700 - 35,900

= $6,100

The bank however, expects Western to maintain a cash balance of $10,000. To get to that $10,000, Western would need to borrow the rest.

The amount to be borrowed is:

= 10,000 - 6,100

= $3,900

due to the changes the federal reserve is making the unused reserves will impact the economy by them facing inflation. inflation is definfed as the increase in pricing of a good or service but the decline of the value of money used for purchasing those items. when the economy has a high inflation rate, they are subject to money loss and hurt on the economy.

answer(b); ; ; the quantitative or qualitative variable for which the experimenter wishes to determine how its value is affected by the explanatory variable;