Here Are Some Important Figures from the Budget of Global

question 32

Multiple Choice

Here are some important figures from the budget of Global Enterprises for the second quarter $$\begin{array} { | l | r | r | r | } \hline & \underline { \text { April } } & \underline { \text { May } } & \text { June } \\\hline \text { Credit sales } & \$ 524,600 & \$ 546,800 & \$ 568,100 \\\hline \text { Credit purchases } & 359,100 & 366,700 & 384,200 \\\hline \text { Cash disbursements: } & & & \\\hline \text { Wages, taxes, and other } & 98,400 & 99,100 & 124,600 \\\hline \text { Interest } & 7,500 & 7,500 & 7,500 \\\hline \text { Fixed asset purchases } & 11,300 & 0 & 48,900 \\\hline\end{array}$$ The company predicts that 2 percent of its credit sales will never be collected,45 percent of its sales will be collected in the month of sale,and the remaining 53 percent will be collected in the following month.Credit purchases will be paid in the month following the purchase.March credit sales were $487,900 and credit purchases were $349,500.What is the ending cash balance for April if the beginning cash balance was $39,500?

• A)$67,410
• B)$67,457
• C)$68,800
• D)$64,440
• E)$69,230

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Definitions:

Paraphilia

Patterns of sexual interest that involve unusual objects, situations, or individuals outside of normative sexual attractions.

Compulsory Psychiatric Treatment

Mandatory treatment or intervention for individuals diagnosed with certain psychiatric conditions, often enforced by law or medical authorities.

Out-of-the-Ordinary

An expression denoting something that deviates from what is typically expected or normal.

Humiliation

The feeling of being put down or made to feel ashamed or embarrassed.