Sultan Sundries Must Maintain a Minimum Cash Balance of $34,000

question 37

Multiple Choice

Sultan Sundries must maintain a minimum cash balance of $34,000.At the beginning of February the company's cash balance was $60,000.The budget for February is as follows: $$\begin{array} { l r } \text { Total cash receipts } & \$ 250,000 \\\text { Total cash disbursements } & \$ 245,000 \\\text { Net income } & \$ 50,000 \\\text { Purchase machinery by signing a note } & \$ 35,000\end{array}$$ During February, how much will Sultan need to borrow?

• A)$50,000
• B)$0
• C)$25,000
• D)$4,000

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Definitions:

Vital Signs

Measurements critical to assessing the immediate health of an individual, including but not limited to, the rate of breathing, pulse, temperature, and blood pressure.

Sphygmomanometer Gauge

A device used to measure blood pressure, typically consisting of an inflatable cuff to restrict blood flow and a mercury or aneroid gauge to measure pressure.

Labored Breathing

Breathing that requires more effort than normal, often seen in conditions affecting the respiratory system.

Low Blood Pressure

A condition where blood pressure is much lower than normal, which can lead to symptoms like dizziness and fainting.