Tadeo Corp

question 130

Multiple Choice

Tadeo Corp.has provided a part of its budget for the second quarter: The cash balance on April 1 is $14,000.Assume that there will be no financing transactions or costs during the quarter.Calculate the projected cash balance at the end of May.

• A) $62,400
• B) $83,000
• C) $56,000
• D) $20,600

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