On January 1 Witt Company Has a Beginning Cash Balance

question 12

Multiple Choice

On January 1 Witt Company has a beginning cash balance of $126000. During the year the company expects cash disbursements of $1020000 and cash receipts of $870000. If Witt requires an ending cash balance of $120000 Witt Company must borrow

• A) $96000.
• B) $120000.
• C) $144000.
• D) $276000.

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Definitions:

Human Motivation

The psychological forces that determine the direction of a person's behavior in an organization, a person's level of effort, and a person's level of persistence.

Motivation Levels

describe the degree or intensity of a person's willingness or desire to engage in or perform a particular activity or behavior.

Satisfied Need

A psychological or physiological requirement that has been fulfilled, contributing to an individual's well-being and motivation.

Rhetoric Tools

Techniques used in speaking or writing to persuade, inform, or entertain an audience.