The Following Information Was Taken from Mitchell Company's Cash Budget

question 158

Multiple Choice

The following information was taken from Mitchell Company's cash budget for the month of July: $$\begin{array} { l r } \text { Beginning cash balance } & \$ 125,000 \\\text { Cash receipts } & 120,000 \\\text { Cash disbursements } & 170,000\end{array}$$ If the company has a policy of maintaining an end of the month cash balance of $125000 the amount the company would have to borrow is

• A)$50000.
• B)$25000.
• C)$75000.
• D)$36000.

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Definitions:

Alkane Name

A nomenclature system for alkanes based on the number of carbon atoms, using prefixes to indicate chain length.

Alkane Name

A systematic nomenclature for naming organic compounds where the molecules consist only of carbon and hydrogen atoms, arranged in a tree structure with single bonds.

Alkane Name

The systematic naming of alkanes follows the IUPAC nomenclature, typically ending in "-ane" and beginning with a prefix indicating the number of carbon atoms.

IUPAC Name

The systematic naming of chemical compounds as per the rules established by the International Union of Pure and Applied Chemistry.