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

question 119

Multiple Choice

The following information was taken from Niland Company's cash budget for the month of April $$\begin{array} { l r } \text { Beginning cash balance } & \$ 120,000 \\\text { Cash receipts } & 108,000 \\\text { Cash disbursements } & 136,000\end{array}$$ If the company has a policy of maintaining an end of the month cash balance of $100000 the amount the company would have to borrow is

• A)$116000.
• B)$28000.
• C)$8000.
• D)$0.

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Social Psychologist

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