During September, the Capital Expenditure Budget Indicates a $140,000 Purchase

question 84

Multiple Choice

During September, the capital expenditure budget indicates a $140,000 purchase of equipment for cash.The ending September cash balance from operations is budgeted to be $20,000.The company wants to maintain a minimum cash balance of $10,000.What is the minimum cash loan that must be planned to be borrowed from the bank during September?

• A)$110,000
• B)$120,000
• C)$130,000
• D)$150,000

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Definitions:

Conversational Analysis

A methodological approach in sociology and linguistics that studies the structure and pattern of conversation to understand social interaction.

Booing

The act of expressing disapproval or contempt towards someone or something, typically in public events or performances, through loud vocalizations.

Accounts

In sociology, refers to explanations or interpretations given by individuals to justify or make sense of their actions within a social context.

Ethnomethodologists

Sociologists who explore how individuals make sense of their social worlds through everyday conversations and interactions, highlighting the routines that maintain social norms.